Form 4 for TLRY Tilray Brands, Inc.
Accepted 2024-06-03 00:00:00 ET · period of report 2024-06-01 · accession 0001171843-24-003250 · 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 | SIMON IRWIN D | Pres, CEO, Dir | M - OptEx | $1.80 | +1.91M | 3.94M | +94% | +$3.44M |
| D | 2024-06-03 | 2024-06-03 | TLRY | SIMON IRWIN D | Pres, CEO, Dir | F - Tax | $1.80 | -1.06M | 2.89M | -27% | -$1.90M |
| DM | 2024-06-03 | 2024-06-01 | TLRY | SIMON IRWIN D | Pres, CEO, Dir | D - Sale to Iss | $0.00 | -1.91M | 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 | Common Stock (RSUs) | 2024-06-03 | M | A | 1,909,343 | $1.80 | 3,942,401 | D | — | — | (F1) On June 1, 2024, a total of 1,909,343 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. |
| 2 | Common | Common Stock (RSUs) | 2024-06-03 | F | D | 1,055,486 | $1.80 | 2,886,915 | D | — | — | (F3) Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 1,909,343 LTIP RSUs previously granted on July 27, 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. |
| 3 | Derivative | Restricted Stock Units ("2021 LTIP RSUs") | 2024-06-01 | D | D | 130,951 | $0.00 | 0 | D | — · — to — | 130,951 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 ("2023 LTIP RSUs") | 2024-06-01 | D | D | 1,178,109 | $0.00 | 1,178,109 | D | — · — to — | 1,178,109 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 ("2022 LTIP RSUs") | 2024-06-01 | D | D | 600,283 | $0.00 | 0 | D | — · — to — | 600,283 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. |