Clanachan David F 4
4 · Tilray Brands, Inc. · Filed Jul 27, 2022
Insider Transaction Report
Form 4
Clanachan David F
Director
Transactions
- Award
Restricted Stock Units
2022-07-26−70,621→ 78,337 total→ Class 2 Common Stock (70,621 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Class 2 Common Stock.
- [F2]Subject to the reporting person's continuous service, the restricted stock units shall vest over three (3) years from the date of grant on an equal and ratable basis, with accelerated vesting solely upon death or disability prior to such date. In the event of a voluntary termination by the reporting person prior to the vesting date, all restricted stock units will be forfeited.
- [F3]Amount represents the total amount of unvested RSUs and underlying shares of Tilray Class 2 Common Stock.