Lee Michael Alan 4
4 · Canopy Growth Corp · Filed Jun 3, 2020
Insider Transaction Report
Form 4
Lee Michael Alan
Chief Financial Officer
Transactions
- Award
Common Shares
2020-06-01+40,992→ 40,992 total - Award
Stock Option
2020-06-01+81,984→ 81,984 totalExercise: $21.34Exp: 2026-03-27→ Common Shares (81,984 underlying)
Footnotes (3)
- [F1]On June 1, 2020, the issuer's board of directors determined that the performance criteria with respect to 40,992 performance stock units that had been granted to the reporting person on March 27, 2020, which were to be set by subsequent action of the board of directors, would not be set. As such, these 40,992 performance stock units are reported herein as 40,992 restricted stock units that will vest equally in three annual installments on the first, second and third anniversary of the original grant date.
- [F2]The exercise price is expressed in Canadian dollars.
- [F3]On June 1, 2020, the issuer's board of directors determined that the performance criteria with respect to 81,984 stock options that had been granted to the reporting person on March 27, 2020, which were to be set by subsequent action of the board of directors, would not be set. As such, these 81,984 stock options are reported in Table II herein and will vest equally in three annual installments on the first, second and third anniversary of the original grant date.