4//SEC Filing
Kelly Nathaniel Christopher 4
Accession 0001104659-23-105304
CIK 0001761510other
Filed
Sep 28, 8:00 PM ET
Accepted
Sep 29, 4:05 PM ET
Size
11.7 KB
Accession
0001104659-23-105304
Insider Transaction Report
Form 4
TILT Holdings Inc.TLLTF
Kelly Nathaniel Christopher
Chief Revenue Officer
Transactions
- Exercise/Conversion
Common Shares, no par value
2023-08-29+140,625→ 140,625 total - Award
Restricted Share Units
2023-08-29+562,500→ 562,500 total→ Common Shares, no par value (562,500 underlying) - Exercise/Conversion
Restricted Share Units
2023-08-29−140,625→ 421,875 totalExercise: $0.00→ Common Shares, no par value (140,625 underlying) - Tax Payment
Common Shares, no par value
2023-08-29$0.03/sh−33,007$970→ 107,618 total
Footnotes (4)
- [F1]Represents common shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting and net settlement of restricted share units ("RSU") and does not represent a sale by the Reporting Person.
- [F2]The price provided in this column was calculated based on the closing price of the Issuer's common shares on Cboe Canada formerly known as the NEO Exchange on August 29, 2023 which was CAD$0.04. The share price of CAD$0.04 was converted to U.S. dollars using the exchange rate provided by the Bank of Canada of USD$1.00= CAD$1.3593 on August 29, 2023.
- [F3]Each RSU is equivalent in value to one share of the Issuer's common shares, no par value. 140,625 RSUs vested on August 29, 2023, 140,625 RSUs will vest on March 1, 2024, 140,625 RSUs will vest on March 1, 2025 and 140,625 RSUs will vest on March 1, 2026, subject to the Reporting Person's continued employment with the Issuer on each vesting date.
- [F4]RSUs do not expire; they either vest or are cancelled.
Documents
Issuer
TILT Holdings Inc.
CIK 0001761510
Entity typeother
Related Parties
1- filerCIK 0001956307
Filing Metadata
- Form type
- 4
- Filed
- Sep 28, 8:00 PM ET
- Accepted
- Sep 29, 4:05 PM ET
- Size
- 11.7 KB