Form 4 for TLRY Tilray Brands, Inc.
Accepted 2024-06-03 00:00:00 ET · period of report 2024-06-01 · accession 0001171843-24-003249 · 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 | 2024-06-03 | 2024-06-03 | TLRY | Merton Carl A | CFO | M - OptEx | $1.80 | +283.5K | 733.8K | +63% | +$510.2K |
| D | 2024-06-03 | 2024-06-03 | TLRY | Merton Carl A | CFO | F - Tax | $1.80 | -130.8K | 602.9K | -18% | -$235.5K |
| DM | 2024-06-03 | 2024-06-01 | TLRY | Merton Carl A | CFO | D - Sale to Iss | $0.00 | -283.5K | 12.2K | -96% | $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 (RSUs) | 2024-06-03 | M | A | 283,454 | $1.80 | 733,779 | D | — | — | (F1) On June 1, 2024, a total of 283,454 LTIP RSUs vested. Each LTIP RSU represents a contingent right to receive one (1) share of Tilray Common Stock. (F2) Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested RSUs. Amount also includes 20,000 shares of Common Stock held by the spouse of the reporting person. |
| 2 | Common | Common Stock (RSUs) | 2024-06-03 | F | D | 130,843 | $1.80 | 602,936 | D | — | — | (F3) Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 283,454 LTIP RSUs previously granted on July 26, 2021, July 26, 2022, and July 26, 2023. (F2) Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested RSUs. Amount also includes 20,000 shares of Common Stock held by the spouse of the reporting person. |
| 3 | Derivative | Restricted Stock Units ("2023 LTIP RSUs") | 2024-06-01 | D | D | 174,477 | $0.00 | 174,477 | D | — · — to — | 174,477 Common Stock | (F5) Amount represents the total amount of unvested RSUs. (F4) Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock. |
| 4 | Derivative | Restricted Stock Units ("2022 LTIP RSUs") | 2024-06-01 | D | D | 92,753 | $0.00 | 0 | D | — · — to — | 92,753 Common Stock | (F5) Amount represents the total amount of unvested RSUs. (F4) Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock. |
| 5 | Derivative | Restricted Stock Units ("2021 LTIP RSUs") | 2024-06-01 | D | D | 16,224 | $0.00 | 12,166 | D | — · — to — | 16,224 Common Stock | (F5) Amount represents the total amount of unvested RSUs. (F4) Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock. |