Tilray Brands, Inc. — Director's Dealing 2020

Apr 9, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tilray, Inc. (TLRY)
CIK: 0001731348
Period of Report: 2020-04-06

Reporting Person: Auerbach Michael (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-06	Class 2 Common Stock	J	166326	$0.00	Disposed	667025	Indirect
2020-04-06	Class 2 Common Stock	J	6822	$0.00	Acquired	6822	Indirect
2020-04-06	Class 2 Common Stock	J	425235	$0.00	Disposed	1705342	Indirect
2020-04-06	Class 2 Common Stock	J	1069	$0.00	Acquired	7891	Indirect

Footnotes

F1: Murphy Ofutt Common, LLC made a pro rata distribution for no consideration of 166,326 shares of Class 2 Common Stock of the Issuer ("Distribution Shares") to its members on April 6, 2020.

F2: 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

F3: Mr. Auerbach retained interest in 6,822 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 LLC made a pro rata distribution for no consideration of 425,235 shares of Class 2 Common Stock of the Issuer ("Murphy Distribution Shares") to its members on April 6, 2020.

F6: 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.

F7: Mr. Auerbach retained interest in 1,069 of the Murphy Distribution Shares through M3 Daat, LLC, in which Mr. Auerbach is a member and has sole voting and investment power.