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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 6/25/20 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1656472 |
| Issuer Name: Cronos Group Inc. |
| Issuer Trading Symbol: CRON |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1796403 |
| | Owner Name: MATHUR PUNEET |
| Reporting Owner Address: |
| | Owner Street 1: 720 KING STREET WEST, SUITE 320 |
| | Owner Street 2: |
| | Owner City: TORONTO |
| | Owner State: A6 |
| | Owner ZIP Code: M5V 2T3 |
| | Owner State Description: ONTARIO, CANADA |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Vice President & Controller |
| | Other Text: |
Non-Derivative Table: |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: RESTRICTED STOCK UNITS |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 6/25/20 |
| | | Footnote ID: F2 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 8,219 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Footnote ID: F3 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: COMMON SHARES |
| | | Underlying Security Shares: |
| Value: 8,219.0 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 8,219 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc. (the "Company"). |
| Footnote - F2: The RSUs were granted on May 11, 2020 under the Company's 2020 Omnibus Equity Incentive Plan (the "Plan"), and were contingent upon shareholder approval of the Plan. The Company's shareholders approved the Plan on June 25, 2020. |
| Footnote - F3: The RSUs vest in three substantially equal annual installments beginning May 11, 2021, subject to continued employment through each applicable date. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Xiu Ming Shum as Attorney-in-Fact for Puneet Mathur |
| Signature Date: 6/25/20 |