Cronos Group Inc. — Director's Dealing 2020

Nov 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cronos Group Inc. (CRON)
CIK: 0001656472
Period of Report: 2020-11-12

Reporting Person: GORENSTEIN MICHAEL RYAN (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-12	COMMON SHARES	M	4000000	$0.1876	Acquired	4617447	Direct
2020-11-12	COMMON SHARES	F	105151	$7.14	Disposed	4512296	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-12	WARRANTS	$0.1876	M	4000000	Disposed	2021-05-27	COMMON SHARES (4000000.0)	Direct

Footnotes

F1: The price reported was converted from the Canadian exercise price of C$0.245 to U.S. dollars using an exchange rate of C$1.00 to US$0.7657 as reported by Bloomberg as of November 11, 2020.

F2: On November 12, 2020, the reporting person exercised warrants to purchase 4,000,000 common shares of Cronos Group Inc. (the "Company") for C$0.245 per common share. The reporting person paid the exercise price on a cashless basis, resulting in the Company's withholding of 105,151 common shares to pay the exercise price and issuing to the reporting person the remaining 3,894,849 common shares.

F3: The price reported is in U.S. dollars based on the exchange rate of C$1.00 to US$0.7657 as reported by Bloomberg as of November 11, 2020.

F4: The warrants were issued between May 16, 2016 and August 12, 2016 and were immediately exercisable.