Form 4 for TLRY Tilray Brands, Inc.
Accepted 2022-08-05 00:00:00 ET · period of report 2022-08-03 · accession 0001171843-22-005425 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-08-05 | 2022-08-03 | TLRY | Merton Carl A | CFO | F - Tax | $3.88 | -12.2K | 258.4K | -5% | -$47.5K |
| D | 2022-08-05 | 2022-08-03 | TLRY | Merton Carl A | CFO | M - OptEx | — | +23.1K | 270.7K | +9% | — |
| D | 2022-08-05 | 2022-08-03 | TLRY | Merton Carl A | CFO | M - OptEx | $0.00 | -23.1K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class 2 Common Stock (RSUs) | 2022-08-03 | F | D | 12,238 | $3.88 | 258,429 | D | — | — | (F3) Represents the number of shares withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting of RSUs. (F2) Amount includes shares of Common Stock beneficially owned by the reporting person. |
| 2 | Common | Common Stock (Restricted (Deferred) Stock Units ("RSUs")) | 2022-08-03 | M | A | 23,089 | — | 270,667 | D | — | — | (F1) RSUs convert into shares of Tilray Class 2 Common Stock on a one-for-one basis. (F2) Amount includes shares of Common Stock beneficially owned by the reporting person. |
| 3 | Derivative | RSUs | 2022-08-03 | M | D | 23,089 | $0.00 | 0 | D | — · — to — | 23,089 Class 2 Common Stock | (F4) Each RSU represents a contingent right to receive one (1) share of Tilray Brands, Inc. Class 2 Common Stock. (F5) On August 7, 2019, the reporting person was granted 23,089 RSUs. The RSUs were fully vested and held for the account of the Reporting Person convertible into shares of Tilray Class 2 Common Stock once either the Reporting Person ceases to serve as a director of the Company, or at such time as otherwise elected in accordance with the terms of the applicable award agreement. |