Merton Carl A 4
4 · Tilray Brands, Inc. · Filed Jun 3, 2024
Insider Transaction Report
Form 4
Merton Carl A
Chief Financial Officer
Transactions
- Tax Payment
Common Stock (RSUs)
2024-06-03$1.80/sh−130,843$235,517→ 602,936 total - Exercise/Conversion
Common Stock (RSUs)
2024-06-03$1.80/sh+283,454$510,217→ 733,779 total - Disposition to Issuer
Restricted Stock Units ("2021 LTIP RSUs")
2024-06-01−16,224→ 12,166 total→ Common Stock (16,224 underlying) - Disposition to Issuer
Restricted Stock Units ("2022 LTIP RSUs")
2024-06-01−92,753→ 0 total→ Common Stock (92,753 underlying) - Disposition to Issuer
Restricted Stock Units ("2023 LTIP RSUs")
2024-06-01−174,477→ 174,477 total→ Common Stock (174,477 underlying)
Footnotes (5)
- [F1]On June 1, 2024, a total of 283,454 LTIP RSUs vested. Each LTIP RSU represents a contingent right to receive one (1) share of Tilray Common Stock.
- [F2]Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested RSUs. Amount also includes 20,000 shares of Common Stock held by the spouse of the reporting person.
- [F3]Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 283,454 LTIP RSUs previously granted on July 26, 2021, July 26, 2022, and July 26, 2023.
- [F4]Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock.
- [F5]Amount represents the total amount of unvested RSUs.