Bryan Olson Form 3 Columbia Care / BRYAN OLSON ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

OLSON BRYAN

(Last)

(First)

(Middle)

C/O COLUMBIA CARE INC.

680 FIFTH AVENUE, 24TH FLOOR

(Street)

NEW YORK

10019

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/14/2022

3. Issuer Name and Ticker or Trading Symbol
Columbia Care Inc. [ CCHW ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief People and Admin Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

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	304,219	D
Common Shares	1,000	I	Held in IRA

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Proportionate Voting Shares	⁽¹⁾	⁽¹⁾	Common Shares	248.97	0	D
Restricted Stock Units	⁽²⁾	⁽²⁾	Common Shares	56,029	⁽³⁾	D
Restricted Stock Units	⁽⁴⁾	⁽⁴⁾	Common Shares	43,535	⁽³⁾	D
Restricted Stock Units	⁽⁵⁾	⁽⁵⁾	Common Shares	38,064	⁽³⁾	D
Restricted Stock Units	⁽⁶⁾	⁽⁶⁾	Common Shares	164,327	⁽³⁾	D
Restricted Stock Units	⁽⁷⁾	⁽⁷⁾	Common Shares	103,834	⁽³⁾	D
Performance Stock Units	⁽⁸⁾	04/29/2022	Common Shares	87,069	⁽⁸⁾	D
Performance Stock Units	⁽⁸⁾	04/29/2024	Common Shares	87,070	⁽⁸⁾	D

Explanation of Responses:

1. Each proportionate voting share is convertible into 100 common shares of the Issuer. The proportionate voting shares vest on March 31, 2022.

2. 224,116 restricted stock units ("RSUs") were granted on September 28, 2018, with 168,087 vesting prior to the date of this Form 3. The remaining 56,029 RSUs vest on March 31, 2022. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.

3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

4. 174,139 restricted stock units ("RSUs") were granted on April 29, 2019, with 130,604 vesting prior to the date of this Form 3. The remaining 43,535 RSUs vest on October 29, 2022. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.

5. 76,127 restricted stock units ("RSUs") were granted on September 30, 2019, with 38,063 vesting prior to the date of this Form 3. The remaining 38,064 RSUs vest as follows: 19,032 on April 29, 2022 and April 29, 2023. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.

6. 219,102 restricted stock units ("RSUs") were granted on March 31, 2020, with 54,775 RSUs vesting prior to the date of this Form 3. The remaining 164,327 RSUs vest as follows: 54,776 on March 31, 2022 and March 31, 2024, and 54,775 on March 31, 2023. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.

7. The restricted stock units ("RSUs") were granted on March 23, 2021, and vest as follows: 25,958 on on March 23, 2022 and March 23, 2024, and 25,959 on March 23, 2023 and March 23, 2025. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.

8. The performance stock units ("PSUs") were granted on April 29, 2019. Each PSU represents a contingent right to receive one share of the Issuer's common stock. The PSUs vest upon the Issuer's common stock achieving a specified price per share.

Remarks:

Exhibit 24.1 Power of Attorney

	/s/ David Sirolly as attorney-in-fact for Bryan Olson	02/14/2022
	** Signature of Reporting Person	Date
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 5 (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 Number.

Bryan Olson Form 3Columbia Care / BRYAN OLSON ownership change