Tilray Brands, Inc. — Director's Dealing 2020

Dec 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tilray, Inc. (TLRY)
CIK: 0001731348
Period of Report: 2020-12-18

Reporting Person: Auerbach Michael (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-18	Class 2 Common Stock	J	156693	$0.00	Disposed	1009941	Indirect
2020-12-18	Class 2 Common Stock	J	13895	$0.00	Acquired	13895	Indirect
2020-12-18	Class 2 Common Stock	J	61289	$0.00	Disposed	395026	Indirect
2020-12-18	Class 2 Common Stock	J	3595	$0.00	Acquired	17490	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class 2 Common Stock	277114	Direct
Class 2 Common Stock	42028	Indirect

Footnotes

F1: Murphy Ofutt, LLC made a pro rata distribution for no consideration of 156,693 shares of Class 2 Common Stock of the Issuer ("Distribution Shares") to its members on December 18, 2020.

F2: Mr. Auerbach serves as General Partner of Murphy Ofutt, LLC, a multi-member limited liability company. Mr. Auerbach has sole voting and investment power with respect to the shares held by Murphy Ofutt, LLC.

F3: Mr. Auerbach retained interest in 13,895 of the Distribution Shares through M3 Daat, LLC, in which Mr. Auerbach is a member and has sole voting and investment power.

F4: The Reporting Person is a member of M3 Daat, LLC and has sole voting and investment power with respect to the shares held by M3 Daat, LLC.

F5: Murphy Ofutt Common LLC made a pro rata distribution for no consideration of 61,289 shares of Class 2 Common Stock of the Issuer ("Murphy Distribution Shares") to its members on December 18, 2020.

F6: Mr. Auerbach serves as General Partner of Murphy Ofutt Common, LLC, a multi-member limited liability company. Mr. Auerbach has sole voting and investment power with respect to the shares held by Murphy Ofutt Common, LLC

F7: Mr. Auerbach retained interest in 3,595 of the Murphy Distribution Shares through M3 Daat, LLC, in which Mr. Auerbach has sole voting and investment power.

F8: Mr. Auerbach is a member of M3 Ein Sof LLC and has sole voting and investment power with respect to the shares held by M3 Ein Sof LLC.