4//SEC Filing
Butts Jodi L. 4
Accession 0001171843-23-004757
CIK 0001731348other
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 5:19 PM ET
Size
12.0 KB
Accession
0001171843-23-004757
Insider Transaction Report
Form 4
Butts Jodi L.
Director
Transactions
- Exercise/Conversion
Common Stock
2023-07-26$1.93/sh+70,621$136,299→ 81,431 total - Disposition to Issuer
Restricted Stock Units
2023-07-26−70,621→ 0 total→ Common Stock (70,621 underlying) - Tax Payment
Common Stock
2023-07-26$1.93/sh−35,424$68,368→ 46,007 total - Award
Restricted Stock Units
2023-07-26+129,534→ 129,534 total→ Common Stock (129,534 underlying)
Footnotes (7)
- [F1]On July 26, 2023, a total of 70,621 RSUs vested. Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock.
- [F2]Amount includes shares of Tilray Common Stock beneficially owned by the reporting person but excludes other unvested RSUs.
- [F3]Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 70,621 RSUs previously granted on July 26, 2022.
- [F4]Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Common Stock.
- [F5]Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Common Stock. Grant was effective as of close of trading on July 26, 2023.
- [F6]Subject to the reporting person's continuous service, the restricted stock units shall vest over two (2) 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 resignation by the reporting person prior to the vesting date, all restricted stock units will be forfeited.
- [F7]Amount represents the total amount of unvested RSUs and underlying shares of Tilray Common Stock.
Documents
Issuer
Tilray Brands, Inc.
CIK 0001731348
Entity typeother
Related Parties
1- filerCIK 0001860549
Filing Metadata
- Form type
- 4
- Filed
- Jul 26, 8:00 PM ET
- Accepted
- Jul 27, 5:19 PM ET
- Size
- 12.0 KB