Form 4 for TLRY Tilray Brands, Inc.
Accepted 2024-07-30 00:00:00 ET · period of report 2024-07-26 · accession 0001171843-24-004254 · 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 | 2024-07-30 | 2024-07-26 | TLRY | Herhalt Johann Michael | Dir | M - OptEx | $1.83 | +129.5K | 180.5K | +254% | +$237.0K |
| D | 2024-07-30 | 2024-07-26 | TLRY | Herhalt Johann Michael | Dir | F - Tax | $1.83 | -65.0K | 115.6K | -36% | -$118.9K |
| D | 2024-07-30 | 2024-07-26 | TLRY | Herhalt Johann Michael | Dir | D - Sale to Iss | $0.00 | -129.5K | 0 | -100% | $0 |
| D | 2024-07-30 | 2024-07-30 | TLRY | Herhalt Johann Michael | Dir | A - Grant | $0.00 | +124.4K | 124.4K | 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 | 2024-07-26 | M | A | 129,534 | $1.83 | 180,514 | D | — | — | (F1) On July 26, 2024, a total of 129,534 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. |
| 2 | Common | Common Stock | 2024-07-26 | F | D | 64,962 | $1.83 | 115,552 | D | — | — | (F3) Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 129,534 RSUs previously granted on July 26, 2023. (F2) Amount includes shares of Tilray Common Stock beneficially owned by the reporting person but excludes other unvested RSUs. |
| 3 | Derivative | Restricted Stock Units | 2024-07-26 | D | D | 129,534 | $0.00 | 0 | D | — · — to — | 129,534 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 | 2024-07-30 | A | A | 124,378 | $0.00 | 124,378 | D | — · — to — | 124,378 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 30, 2024. (F6) Subject to the reporting person's continuous service, the restricted stock units shall vest one (1) year from the date of grant, 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. |