Tilray Brands, Inc. — Director's Dealing 2019

Jul 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tilray, Inc. (TLRY)
CIK: 0001731348
Period of Report: 2019-04-01

Reporting Person: Auerbach Michael (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-01	Class 2 Common Stock	M	8750	—	Acquired	8750	Direct
2019-07-01	Class 2 Common Stock	M	2187	—	Acquired	10937	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-01	Restricted Stock Units	$	M	8750	Acquired		Class 2 Common Stock (8750)	Direct
2019-07-01	Restricted Stock Units	$	M	2187	Acquired		Class 2 Common Stock (2187)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class 2 Common Stock	50465	Indirect

Footnotes

F1: Each restricted stock unit ("RSU") converted into one share of the Issuer's Class 2 Common Stock.

F2: The RSUs shall vest at the rate of 25% of the RSUs on the twelve (12) month anniversary of April 1, 2018 (the "Vesting Date"), and the remaining RSUs will vest quarterly thereafter at the rate of 6.25% of the total number of RSUs on each quarterly anniversary of the Vesting Date thereafter for so long as the Reporting Person remains in Continuous Service (as defined in the Company's 2018 Equity Incentive Plan), such that the total number of RSUs shall be fully vested on the four-year anniversary of the Vesting Date.