Tilray Brands, Inc. — Director's Dealing 2020

Jun 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tilray, Inc. (TLRY)
CIK: 0001731348
Period of Report: 2020-05-28

Reporting Person: Auerbach Michael (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-28	Class 2 Common Stock	M	7371	—	Acquired	393256	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-28	Restricted Stock Units	$	M	7371	Disposed		Class 2 Common Stock (7371)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class 2 Common Stock	7891	Indirect
Class 2 Common Stock	667025	Indirect
Class 2 Common Stock	1705342	Indirect

Footnotes

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

F2: 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.

F3: 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

F4: 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.

F5: The RSUs shall vest in full upon the earlier of (1) the date of the 2020 Annual Meeting of Stockholders of the Issuer (which occurred on May 28, 2020), and (2) the one-year anniversary of June 1, 2019 so long as the Reporting Person remains in Continuous Service (as defined in the Issuer's 2018 Equity Incentive Plan), through such vesting date.