Meiers James R. 4
4 · Tilray Brands, Inc. · Filed Jun 3, 2022
Insider Transaction Report
Form 4
Meiers James R.
Head of Canada
Transactions
- Exercise/Conversion
Class 2 Common Stock
2022-06-01+16,218→ 89,581 total - Tax Payment
Class 2 Common Stock
2022-06-01$4.18/sh−3,950$16,511→ 85,631 total - Exercise/Conversion
Restricted Stock Units
2022-06-01−16,218→ 0 total→ Class 2 Common Stock (16,218 underlying)
Footnotes (5)
- [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, but excludes other unvested RSUs.
- [F3]Represents the number of shares withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting of RSUs previously reported.
- [F4]Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Brands, Inc. Class 2 Common Stock.
- [F5]On July 26, 2021, the reporting person was granted 48,661 RSUs, 33.33% of which vested on June 1, 2022, with 33.33% scheduled to vest on June 1, 2023 and 33.34% scheduled to vest on June 1, 2024, subject to continued employment, except in the case of the reporting person's earlier involuntary termination, death or disability. In the event of a voluntary termination by the reporting person prior to the vesting date, all RSUs will be forfeited.