Tilray Brands, Inc. — Director's Dealing 2021

Mar 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tilray, Inc. (TLRY)
CIK: 0001731348
Period of Report: 2021-03-16

Reporting Person: Auerbach Michael (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-16	Class 2 Common Stock	J	685424	$0.00	Disposed	94090	Indirect
2021-03-16	Class 2 Common Stock	J	73593	$0.00	Acquired	117404	Indirect
2021-03-16	Class 2 Common Stock	J	268095	$0.00	Disposed	36802	Indirect
2021-03-16	Class 2 Common Stock	J	31164	$0.00	Acquired	148568	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class 2 Common Stock	278855	Direct
Class 2 Common Stock	42028	Indirect

Footnotes

F1: Murphy Ofutt, LLC made a pro rata distribution for no consideration of 685,424 shares of Class 2 Common Stock of the Issuer ("Distribution Shares") to its members on March 16, 2021.

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 retained interest in 73,593 of the Distribution Shares through M3 Daat, LLC, in which Mr. Auerbach is a member and has sole voting and investment power.

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: Murphy Ofutt Common LLC made a pro rata distribution for no consideration of 268,095 shares of Class 2 Common Stock of the Issuer ("Murphy Distribution Shares") to its members on March 16, 2021.

F6: 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

F7: Mr. Auerbach retained interest in 31,164 of the Murphy Distribution Shares through M3 Daat, LLC, in which Mr. Auerbach has sole voting and investment power.

F8: 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.