Cronos Group Inc. — Director's Dealing 2021

Mar 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cronos Group Inc. (CRON)
CIK: 0001656472
Period of Report: 2021-03-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-08	COMMON SHARES	M	1200000	$0.9701	Acquired	9632536	Direct
2021-03-08	COMMON SHARES	F	410589	$9.5354	Disposed	9221947	Direct
2021-03-09	COMMON SHARES	S	185000	$9.9962	Disposed	9036947	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-08	COMMON SHARE OPTION (right to buy)	$0.9701	M	1200000	Disposed	2021-10-06	COMMON SHARES (1200000.0)	Direct

Footnotes

F1: The price reported was converted from the Canadian exercise price of C$1.23 to U.S. dollars using an exchange rate of C$1.00 to US$0.7887 as reported by Bloomberg as of March 5, 2021.

F2: Cronos Group Inc. (the "Company") withheld 410,589 common shares underlying the options for payment of the exercise price and to cover applicable withholding taxes, using the closing price of the Company's common shares on March 5, 2021 of C$12.09 as reported on the Toronto Stock Exchange.

F3: The price reported is in U.S. dollars based on the exchange rate of C$1.00 to US$0.7887 as reported by Bloomberg as of March 5, 2021.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.90 to $10.07, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form 4.

F5: The options were granted October 6, 2016 and vest in monthly installments over a four-year period.