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Cronos Group Inc. — Director's Dealing 2022
Oct 27, 2022
32126_dirs_2022-10-26_95658324-1cfc-40e5-a9bb-9f530fa0e5a4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cronos Group Inc. (CRON)
CIK: 0001656472
Period of Report: 2022-10-24
Reporting Person: GORENSTEIN MICHAEL RYAN (Director, See remarks below)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-10-24 | COMMON SHARES | A | 187977 | — | Acquired | 9653245 | Direct |
| 2022-10-24 | COMMON SHARES | F | 81932 | $2.94 | Disposed | 9571313 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-10-24 | RESTRICTED STOCK UNITS | $ | A | 62659 | Acquired | COMMON SHARES (62659.0) | Direct | |
| 2022-10-24 | RESTRICTED STOCK UNITS | $ | A | 125318 | Acquired | COMMON SHARES (125318.0) | Direct | |
| 2022-10-24 | RESTRICTED STOCK UNITS | $ | A | 94084 | Acquired | COMMON SHARES (94084.0) | Direct |
Footnotes
F1: The date of the release of previously withheld grants of restricted stock units ("RSUs") that would have otherwise been granted to the reporting person on each of May 11, 2020, March 1, 2021, and March 15, 2022.
F2: The shares represent the shares that the reporting person would have received had certain awards of RSUs not been withheld and the RSUs had vested according to the corresponding vesting schedules for similarly-situated RSU awards in 2020 and 2021.
F3: Each RSU represents a contingent right to receive one common share of Cronos Group Inc.
F4: The RSUs vest on May 11, 2023.
F5: The RSUs vest in two substantially equal installments on each of March 1, 2023 and March 1, 2024.
F6: The RSUs vest in three substantially equal installments on each of March 15, 2023, March 15, 2024, and March 15, 2025.