Tilray Brands, Inc. — Director's Dealing 2021

Jun 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tilray, Inc. (TLRY)
CIK: 0001731348
Period of Report: 2021-06-01

Reporting Person: SIMON IRWIN D (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-01	Class 2 Common Stock	M	72683	—	Acquired	285003	Direct
2021-06-01	Class 2 Common Stock	F	36248	$16.98	Disposed	248755	Direct
2021-06-01	Class 2 Common Stock	M	242277	—	Acquired	491032	Direct
2021-06-01	Class 2 Common Stock	F	120824	$16.98	Disposed	370208	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-01	Restricted Stock Units	$	M	72683	Disposed		Class 2 Common Stock (72683)	Direct
2021-06-01	Restricted Stock Units	$	M	242277	Disposed		Class 2 Common Stock (242277)	Direct

Footnotes

F1: These shares were retained by Tilray, Inc. via settlement on a net withholding basis in order to meet the tax withholding obligations of the Reporting Person in connection with the vesting of an installment of restricted stock units granted to the Reporting Person on January 22, 2020.

F2: Restricted stock units convert into shares of Class 2 Common Stock on a one-for-one basis.

F3: On January 22, 2020, the reporting person was granted 218,038 restricted stock units, 33.33% of which vested on June 1, 2020; 33.33% of which vested on June 1, 2021; and the remaining 33.34% of which will vest on June 1, 2022.

F4: On January 22, 2020, the reporting person was granted 726,794 restricted stock units, 33.33% of which vested on June 1, 2020; 33.33% of which vested on June 1, 2021; and the remaining 33.34% of which will vest on June 1, 2022.