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Tilray Brands, Inc. — Director's Dealing 2021
Apr 6, 2021
31988_dirs_2021-04-05_c382810f-10e1-4e81-bf6d-69d10224b069.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Tilray, Inc. (TLRY)
CIK: 0001731348
Period of Report: 2021-04-01
Reporting Person: Auerbach Michael (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-01 | Class 2 Common Stock | M | 2188 | — | Acquired | 281043 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-01 | Restricted Stock Units | $ | M | 2188 | Disposed | Class 2 Common Stock (2188) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class 2 Common Stock | 94090 | Indirect |
| Class 2 Common Stock | 36802 | Indirect |
| Class 2 Common Stock | 148568 | Indirect |
| Class 2 Common Stock | 42028 | Indirect |
Footnotes
F1: Each restricted stock unit ("RSU") converted into one share of Class 2 Common Stock.
F2: 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.
F3: 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
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: Mr. Auerbach is a member of M3 Ein Sof LLC and has sole voting and investment power with respect to the shares held by M3 Ein Sof LLC.
F6: The RSUs shall vest at the rate of 25% of the RSUs on the twelve (12) month anniversary of April 1, 2018 (the "Vesting Date"), and the remaining RSUs will vest quarterly thereafter at the rate of 6.25% of the total number of RSUs on each quarterly anniversary of the Vesting Date thereafter for so long as the Reporting Person remains in Continuous Service (as defined in the Company's 2018 Equity Incentive Plan), such that the total number of RSUs shall be fully vested on the four-year anniversary of the Vesting Commencement Date.