Filing Details
- Accession Number:
- 0001656472-21-000029
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-03-10 17:34:38
- Reporting Period:
- 2021-03-08
- Accepted Time:
- 2021-03-10 17:34:38
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1656472 | Cronos Group Inc. | CRON | Medicinal Chemicals & Botanical Products (2833) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1797199 | Ryan Michael Gorenstein | 111 Peter Street, Suite 300 Toronto A6 M5V 2H1 | Executive Chairman | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Shares | Acquisiton | 2021-03-08 | 1,200,000 | $0.97 | 9,632,536 | No | 4 | M | Direct | |
Common Shares | Disposition | 2021-03-08 | 410,589 | $9.54 | 9,221,947 | No | 4 | F | Direct | |
Common Shares | Disposition | 2021-03-09 | 185,000 | $10.00 | 9,036,947 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Shares | COMMON SHARE OPTION (right to buy) | Disposition | 2021-03-08 | 1,200,000 | $0.00 | 1,200,000 | $0.97 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2021-10-06 | No | 4 | M | Direct |
Footnotes
- 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.
- 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.
- 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.
- 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.
- The options were granted October 6, 2016 and vest in monthly installments over a four-year period.