4//SEC Filing
Butts Jodi L. 4
Accession 0001171843-22-004482
CIK 0001731348other
Filed
Jun 21, 8:00 PM ET
Accepted
Jun 22, 5:05 PM ET
Size
11.8 KB
Accession
0001171843-22-004482
Insider Transaction Report
Form 4
Butts Jodi L.
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-06-21−3,799→ 0 total→ Class 2 Common Stock (3,799 underlying) - Tax Payment
Class 2 Common Stock
2022-06-21$3.27/sh−6,774$22,151→ 8,540 total - Exercise/Conversion
Class 2 Common Stock
2022-06-21+15,314→ 15,314 total - Exercise/Conversion
Restricted Stock Units
2022-06-21−11,515→ 0 total→ Class 2 Common Stock (11,515 underlying)
Footnotes (6)
- [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 June 21, 2021, the reporting person was granted 11,515 RSUs, 33% of which vested on June 21, 2022, with 33.50% scheduled to vest on June 21, 2023 and 33.50% scheduled to vest on June 21, 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.
- [F6]On June 21, 2021, the reporting person was granted 11,515 RSUs, 100% of which vested on June 21, 2022. In the event of a voluntary termination by the reporting person prior to the vesting date, all RSUs will be forfeited.
Documents
Issuer
Tilray Brands, Inc.
CIK 0001731348
Entity typeother
Related Parties
1- filerCIK 0001860549
Filing Metadata
- Form type
- 4
- Filed
- Jun 21, 8:00 PM ET
- Accepted
- Jun 22, 5:05 PM ET
- Size
- 11.8 KB