Initial Statement of Beneficial Ownership (3)
01 January 2020 - 1:55AM
Edgar (US Regulatory)
FORM 3
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0104
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
*
RUDYK JAMES DANIEL |
2. Date of Event Requiring Statement (MM/DD/YYYY)
12/31/2019
|
3. Issuer Name and Ticker or Trading Symbol
Cronos Group Inc. [CRON]
|
(Last)
(First)
(Middle)
720 KING STREET WEST, SUITE 320 |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
|
(Street)
TORONTO, A6 M5V 2T3
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 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 Beneficially Owned
|
1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
COMMON SHARES | 36237 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
COMMON SHARE OPTION (right to buy) | (1) | 1/31/2023 | COMMON SHARES | 109375 | $9.00 (2) | D | |
COMMON SHARE OPTION (right to buy) | (3) | 5/17/2023 | COMMON SHARES | 118750 | $7.57 (2) | D | |
DEFERRED SHARE UNITS | (4) | (4) | COMMON SHARES (4) | 8484.16 | (5) | D | |
Explanation of Responses: |
(1) | The options were granted January 31, 2018 and vest in monthly installments over a four-year period. |
(2) | The exercise price is expressed in Canadian dollars. |
(3) | The options were granted May 17, 2018 and vest in monthly installments over a four-year period. |
(4) | Vested Deferred Share Units are mandatorily redeemable by Cronos Group Inc. (the "Company") on the first trading day after Mr. Rudyk ceases to be a director of the Company. |
(5) | Upon redemption, Deferred Share Units entitle Mr. Rudyk to receive a lump sum cash payment in an amount equal to the fair market value of Company common shares on the date of redemption. |
Remarks: Exhibit List: Exhibit 24 - Power of Attorney
This Form 3 is being filed in advance of January 1, 2020, on which date the reporting person will become subject to Section 16 of the Securities Exchange Act of 1934, as amended. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
RUDYK JAMES DANIEL 720 KING STREET WEST, SUITE 320 TORONTO, A6 M5V 2T3 | X |
|
|
|
Signatures
|
/s/ Xiu Ming Shum as Attorney-in-Fact for James D. Rudyk | | 12/31/2019 |
**Signature of Reporting Person | Date |
Cronos (NASDAQ:CRON)
Historical Stock Chart
From Apr 2024 to May 2024
Cronos (NASDAQ:CRON)
Historical Stock Chart
From May 2023 to May 2024