Tilray Brands, Inc. — Director's Dealing 2021

May 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: FALTISCHEK DENISE M (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-30	Employee Stock Option (Right to Buy)	$7.99	A	249000	Acquired	2024-10-17	Class 2 Common Stock (249000)	Direct
2021-04-30	Restricted Stock Units	$	A	62250	Acquired		Class 2 Common Stock (62250)	Direct
2021-04-30	Restricted Stock Units	$	A	52887	Acquired		Class 2 Common Stock (52887)	Direct

Footnotes

F1: The options are 100% vested.

F2: Each restricted stock unit represents a contingent right to receive one share of Tilray, Inc. Class 2 Common Stock.

F3: Subject to the Reporting Person's continuing service with the Company, 50% of the restricted stock units vested on November 14, 2020 with the remaining 50% vesting on November 14, 2021.

F4: Subject to the Reporting Person's continuing service with the Company, 50% of the restricted stock units will vest on August 12, 2021 with the remaining 50% vesting on August 12, 2022.