Form 4 for TLRY Tilray Brands, Inc.
Accepted 2024-08-02 00:00:00 ET · period of report 2024-07-31 · accession 0001171843-24-004402 · 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 | 2024-08-02 | 2024-07-31 | TLRY | Merton Carl A | CFO | M - OptEx | $2.03 | +93.9K | 703.4K | +15% | +$190.7K |
| D | 2024-08-02 | 2024-07-31 | TLRY | Merton Carl A | CFO | F - Tax | $2.03 | -43.4K | 660.1K | -6% | -$88.0K |
| D | 2024-08-02 | 2024-07-31 | TLRY | Merton Carl A | CFO | M - OptEx | $0.00 | -93.9K | 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 | 2024-07-31 | M | A | 93,926 | $2.03 | 703,412 | D | — | — | (F1) On July 26, 2022, the reporting person was granted 187,853 of 2022 PSUs, with vesting subject to the achievement of certain pre-established performance parameters relating to the aggregate EBITDA generated from the HEXO transaction. The underlying performance condition was satisfied, and 93,926 units vested on July 31, 2024. (F2) Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested PSUs. |
| 2 | Common | Common Stock | 2024-07-31 | F | D | 43,357 | $2.03 | 660,055 | D | — | — | (F3) Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 93,926 of 2022 PSUs previously granted on June 26, 2022. (F2) Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested PSUs. |
| 3 | Derivative | Performance-Based Restricted Stock Units ("2022 PSUs") | 2024-07-31 | M | D | 93,926 | $0.00 | 0 | D | — · — to — | 93,926 Common Stock | (F4) Each unit represents a contingent right to receive one (1) share of Tilray Common Stock. |