4//SEC Filing
Looney Thomas P. 4
Accession 0001140361-21-016057
CIK 0001731348other
Filed
May 4, 8:00 PM ET
Accepted
May 5, 9:39 PM ET
Size
22.4 KB
Accession
0001140361-21-016057
Insider Transaction Report
Form 4
Tilray, Inc.TLRY
Looney Thomas P.
Director
Transactions
- Award
Restricted (Deferred) Stock Units
2021-04-30+486→ 486 total→ Class 2 Common Stock (486 underlying) - Award
Restricted (Deferred) Stock Units
2021-04-30+4,947→ 4,947 total→ Class 2 Common Stock (4,947 underlying) - Award
Restricted (Deferred) Stock Units
2021-04-30+5,329→ 5,329 total→ Class 2 Common Stock (5,329 underlying) - Award
Restricted Stock Units
2021-04-30+6,225→ 6,225 total→ Class 2 Common Stock (6,225 underlying) - Award
Restricted (Deferred) Stock Units
2021-04-30+209→ 209 total→ Class 2 Common Stock (209 underlying) - Award
Restricted (Deferred) Stock Units
2021-04-30+3,709→ 3,709 total→ Class 2 Common Stock (3,709 underlying) - Award
Restricted (Deferred) Stock Units
2021-04-30+3,485→ 3,485 total→ Class 2 Common Stock (3,485 underlying) - Award
Restricted (Deferred) Stock Units
2021-04-30+6,274→ 6,274 total→ Class 2 Common Stock (6,274 underlying) - Award
Restricted (Deferred) Stock Units
2021-04-30+20,750→ 20,750 total→ Class 2 Common Stock (20,750 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Tilray, Inc. Class 2 Common Stock.
- [F2]Subject to the Reporting Person's continuing service with the Company, 50% of the restricted stock units vested on April 29, 2020 with the remaining 50% vesting on April 29, 2021.
- [F3]Each restricted (deferred) stock unit is the economic equivalent of one share of Tilray, Inc. Class 2 Common Stock.
- [F4]The restricted (deferred) stock units are fully vested; however, the restricted stock units will be held for the account of the Reporting Person and may not be converted into shares of Tilray, Inc. until 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. Upon settlement, one share of Tilray, Inc. Class 2 Common Stock will be delivered for each restricted stock unit held.
- [F5]The deferred stock units shall vest 25% quarterly beginning on August 31, 2020; however, the restricted stock units will be held for the account of the Reporting Person and do not convert into shares of Tilray, Inc. until the Reporting Person ceases to serves as a director of the Company, or at such time as otherwise elected in accordance with the terms of the applicable award agreement. Upon settlement, one share of Tilray, Inc. Class 2 Common Stock will be delivered for each restricted stock unit held.
Documents
Issuer
Tilray, Inc.
CIK 0001731348
Entity typeother
Related Parties
1- filerCIK 0001860605
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 9:39 PM ET
- Size
- 22.4 KB