Tilray Brands, Inc. — Director's Dealing 2023

Jul 27, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tilray Brands, Inc. (TLRY)
CIK: 0001731348
Period of Report: 2023-07-26

Reporting Person: Hopkinson David G. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-26	Common Stock	M	70621	$1.93	Acquired	77793	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-26	Restricted Stock Units	$	D	70621	Disposed		Common Stock (70621)	Direct
2023-07-26	Restricted Stock Units	$	A	129534	Acquired		Common Stock (129534)	Direct

Footnotes

F1: On July 26, 2023, a total of 70,621 RSUs vested. Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock.

F2: Amount includes shares of Tilray Common Stock beneficially owned by the reporting person but excludes other unvested RSUs.

F3: Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Common Stock.

F4: Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Common Stock. Grant was effective as of close of trading on July 26, 2023.

F5: Subject to the reporting person's continuous service, the restricted stock units shall vest over two (2) years from the date of grant on an equal and ratable basis, with accelerated vesting solely upon death or disability prior to such date. In the event of a voluntary resignation by the reporting person prior to the vesting date, all restricted stock units will be forfeited.

F6: Amount represents the total amount of unvested RSUs and underlying shares of Tilray Common Stock.