Cronos Group director granted deferred share units
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Rhea-AI Filing Summary
ADLER JASON MARC reported acquisition or exercise transactions in this Form 4 filing.
Cronos Group Inc. director Jason Marc Adler received a grant of 48,859.9300 Deferred Share Units, each linked to an equal number of common shares for valuation purposes. After this grant, he holds 362,742.2200 Deferred Share Units, which will be redeemed for a lump-sum cash payment based on the fair market value of Cronos Group common shares after he ceases to be a director.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | DEFERRED SHARE UNITS F1, F2 | 48,859.93 | $0.00 | $0.00 |
Footnotes (2)
- F1. Upon redemption, Deferred Share Units entitle the reporting person to receive a lump sum cash payment in an amount equal to the fair market value of the common shares of Cronos Group Inc. (the "Company") on the date of redemption.
- F2. Vested Deferred Share Units are mandatorily redeemed by the Company on the first trading day after the reporting person ceases to be a director of the Company.
Key Figures
Key Terms
fair market value financial
mandatorily redeemed financial
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What insider transaction did Cronos Group Inc. (CRON) report for Jason Marc Adler?
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