Tilray Brands, Inc. — Director's Dealing 2021

May 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Kennedy Brendan (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-30	Class 2 Common Stock	M	73954	—	Acquired	10053949	Direct
2021-04-30	Class 2 Common Stock	M	76000	—	Acquired	9979995	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-30	Restricted Stock Units	$	M	73954	Disposed		Class 2 Common Stock (73954)	Direct
2021-04-30	Restricted Stock Units	$	M	76000	Disposed		Class 2 Common Stock (76000)	Direct

Footnotes

F1: Restricted Stock Units ("RSUs") convert into shares of 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.