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CRON Cronos Group Inc

2.70
-0.01 (-0.37%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cronos Group Inc NASDAQ:CRON NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.01 -0.37% 2.70 2.67 2.70 2.885 2.63 2.75 4,152,144 00:49:25

Amended Statement of Changes in Beneficial Ownership (4/a)

19/04/2022 11:00pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

JACOBSON JEFFREY DAVID
2. Issuer Name and Ticker or Trading Symbol

Cronos Group Inc. [ CRON ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
See Remarks
(Last)          (First)          (Middle)

111 PETER STREET, SUITE 300
3. Date of Earliest Transaction (MM/DD/YYYY)

4/4/2022
(Street)

TORONTO, A6 M5V 2H1
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

4/6/2022 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COMMON SHARES (1)4/4/2022  F(2)  14791 D$3.88 (3)64395 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The amount of securities withheld in respect of withholding taxes was misreported on the reporting person's Form 4 filed on April 6, 2022. The reporting person is filing this amended Form 4 to reflect the correct amount of securities withheld in respect of withholding taxes following the April 4, 2022 transaction date.
(2) 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.
(3) 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.

Remarks:
Senior Vice President, Head of Growth (North America)

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
JACOBSON JEFFREY DAVID
111 PETER STREET, SUITE 300
TORONTO, A6 M5V 2H1


See Remarks

Signatures
/s/ Aaron Werner, as attorney-in-fact for Jeffrey D. Jacobson4/19/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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