Tilray Brands, Inc. — Director's Dealing 2022

Aug 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tilray Brands, Inc. (TLRY)
CIK: 0001731348
Period of Report: 2022-08-03

Reporting Person: Merton Carl A (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-03	Common Stock (Restricted (Deferred) Stock Units ("RSUs"))	M	23089	—	Acquired	270667	Direct
2022-08-03	Class 2 Common Stock (RSUs)	F	12238	$3.88	Disposed	258429	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-08-03	RSUs	$	M	23089	Disposed		Class 2 Common Stock (23089)	Direct

Footnotes

F1: RSUs convert into shares of Tilray Class 2 Common Stock on a one-for-one basis.

F2: Amount includes shares of Common Stock beneficially owned by the reporting person.

F3: Represents the number of shares withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting of RSUs.

F4: Each RSU represents a contingent right to receive one (1) share of Tilray Brands, Inc. Class 2 Common Stock.

F5: On August 7, 2019, the reporting person was granted 23,089 RSUs. The RSUs were fully vested and held for the account of the Reporting Person convertible into shares of Tilray Class 2 Common Stock once either the Reporting Person ceases to serve as a director of the Company, or at such time as otherwise elected in accordance with the terms of the applicable award agreement.