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Tilray Brands, Inc. — Director's Dealing 2024
Aug 2, 2024
31988_dirs_2024-08-02_0dd7de39-b126-4576-aff7-309a5abad845.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Tilray Brands, Inc. (TLRY)
CIK: 0001731348
Period of Report: 2024-07-31
Reporting Person: SIMON IRWIN D (President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-07-31 | Common Stock | M | 706214 | $2.03 | Acquired | 3637021 | Direct |
| 2024-07-31 | Common Stock | F | 390537 | $2.03 | Disposed | 3246484 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-31 | Performance-Based Restricted Stock Units ("2022 PSUs") | $ | M | 706214 | Disposed | Common Stock (706214) | Direct |
Footnotes
F1: On July 26, 2022, the reporting person was granted 1,412,429 of 2022 PSUs, with vesting subject to the achievement of certain pre-established performance parameters relating to the aggregate EBITDA generated from the HEXO transaction. The underlying performance condition was satisfied, and 706,214 units vested on July 31, 2024.
F2: Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested PSUs.
F3: Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 706,214 of 2022 PSUs previously granted on June 26, 2022.
F4: Each unit represents a contingent right to receive one (1) share of Tilray Common Stock.