Cronos Group Inc. — Director's Dealing 2022

Apr 7, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cronos Group Inc. (CRON)
CIK: 0001656472
Period of Report: 2022-04-04

Reporting Person: JACOBSON JEFFREY DAVID (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-04	COMMON SHARES	M	20000	$2.51	Acquired	99186	Direct
2022-04-04	COMMON SHARES	F	14431	$3.88	Disposed	84755	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-04	COMMON SHARE OPTION (right to buy)	$2.51	M	20000	Disposed	2022-04-12	COMMON SHARES (20000.0)	Direct

Footnotes

F1: The acquisition of common shares of Cronos Group Inc. (the "Company") from the exercise of options held by the reporting person as reported on this Form 4 were effected pursuant to irrevocable written instructions issued by the reporting person to the Company on March 4, 2021 and designed to comply with Rule 10b5-1(c) (the "Irrevocable Instructions"). Such options were scheduled to expire on April 12, 2022.

F2: The price reported was converted from the Canadian exercise price of C$3.14 to U.S. dollars using an exchange rate of C$1.00 to US$0.7989 as reported by Bloomberg as of April 1, 2022.

F3: Represents common shares withheld, pursuant to the Irrevocable Instructions, to pay the exercise price and applicable withholding taxes, using the closing price of the Company's common shares on April 1, 2022 of C$4.85 as reported on the Toronto Stock Exchange.

F4: The price reported is in U.S. dollars based on the exchange rate of C$1.00 to US$0.7989 as reported by Bloomberg as of April 1, 2022.

F5: The options were granted April 12, 2017 and vest in monthly installments over a four-year period.