Tilray Brands, Inc. — Director's Dealing 2021

May 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tilray, Inc. (TLRY)
CIK: 0001731348
Period of Report: 2021-04-30

Reporting Person: Levin Jon Edward (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-30	Class 2 Common Stock	M	66640	—	Acquired	113926	Direct
2021-05-03	Class 2 Common Stock	F	34932	$16.99	Disposed	78994	Direct
2021-04-30	Class 2 Common Stock	M	29143	—	Acquired	108137	Direct
2021-05-03	Class 2 Common Stock	F	15277	$16.99	Disposed	92860	Direct
2021-04-30	Class 2 Common Stock	M	56738	—	Acquired	149598	Direct
2021-05-03	Class 2 Common Stock	F	29741	$16.99	Disposed	119857	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-30	Restricted Stock Units	$	M	66640	Disposed		Class 2 Common Stock (66640)	Direct
2021-04-30	Restricted Stock Units	$	M	29143	Disposed		Class 2 Common Stock (29143)	Direct
2021-04-30	Restricted Stock Units	$	M	56738	Disposed		Class 2 Common Stock (56738)	Direct

Footnotes

F1: Restricted Stock Units ("RSUs") convert into shares of Tilray, Inc., Class 2 Common Stock on a one-for-one basis.

F2: RSUs granted to the reporting person were accelerated and became fully vested on April 30, 2021.