Butts Jodi L. 4
4 · Tilray Brands, Inc. · Filed Jul 30, 2024
Insider Transaction Report
Form 4
Butts Jodi L.
Director
Transactions
- Exercise/Conversion
Common Stock
2024-07-26$1.83/sh+129,534$237,047→ 177,464 total - Tax Payment
Common Stock
2024-07-26$1.83/sh−64,962$118,880→ 112,502 total - Disposition to Issuer
Restricted Stock Units
2024-07-26−129,534→ 0 total→ Common Stock (129,534 underlying) - Award
Restricted Stock Units
2024-07-30+124,378→ 124,378 total→ Common Stock (124,378 underlying)
Footnotes (7)
- [F1]On July 26, 2023, a total of 129,534 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 129,534 RSUs previously granted on July 26, 2023.
- [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 30, 2024.
- [F6]Subject to the reporting person's continuous service, the restricted stock units shall vest one (1) year from the date of grant, 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.