Form 4 for TLRY Tilray Brands, Inc.
Accepted 2023-07-27 00:00:00 ET · period of report 2023-07-26 · accession 0001171843-23-004757 · 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 | 2023-07-27 | 2023-07-26 | TLRY | Butts Jodi L. | Dir | F - Tax | $1.93 | -35.4K | 46.0K | -44% | -$68.4K |
| D | 2023-07-27 | 2023-07-26 | TLRY | Butts Jodi L. | Dir | M - OptEx | $1.93 | +70.6K | 81.4K | +653% | +$136.3K |
| D | 2023-07-27 | 2023-07-26 | TLRY | Butts Jodi L. | Dir | D - Sale to Iss | $0.00 | -70.6K | 0 | -100% | $0 |
| D | 2023-07-27 | 2023-07-26 | TLRY | Butts Jodi L. | Dir | A - Grant | $0.00 | +129.5K | 129.5K | New | $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 | Common Stock | 2023-07-26 | F | D | 35,424 | $1.93 | 46,007 | D | — | — | (F3) Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 70,621 RSUs previously granted on July 26, 2022. (F2) Amount includes shares of Tilray Common Stock beneficially owned by the reporting person but excludes other unvested RSUs. |
| 2 | Common | Common Stock | 2023-07-26 | M | A | 70,621 | $1.93 | 81,431 | D | — | — | (F1) On July 26, 2023, a total of 70,621 RSUs vested. Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock. (F2) Amount includes shares of Tilray Common Stock beneficially owned by the reporting person but excludes other unvested RSUs. |
| 3 | Derivative | Restricted Stock Units | 2023-07-26 | D | D | 70,621 | $0.00 | 0 | D | — · — to — | 70,621 Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Common Stock. |
| 4 | Derivative | Restricted Stock Units | 2023-07-26 | A | A | 129,534 | $0.00 | 129,534 | D | — · — to — | 129,534 Common Stock | (F7) Amount represents the total amount of unvested RSUs and underlying shares of Tilray Common Stock. (F5) Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Common Stock. Grant was effective as of close of trading on July 26, 2023. (F6) Subject to the reporting person's continuous service, the restricted stock units shall vest over two (2) years from the date of grant on an equal and ratable basis, with accelerated vesting solely upon death or disability prior to such date. In the event of a voluntary resignation by the reporting person prior to the vesting date, all restricted stock units will be forfeited. |