4//SEC Filing
FALTISCHEK DENISE M 4
Accession 0001171843-24-004252
CIK 0001731348other
Filed
Jul 29, 8:00 PM ET
Accepted
Jul 30, 6:33 PM ET
Size
12.3 KB
Accession
0001171843-24-004252
Insider Transaction Report
Form 4
FALTISCHEK DENISE M
Chief Strategy Officer
Transactions
- Exercise/Conversion
Common Stock
2024-07-26$1.83/sh+12,166$22,264→ 495,929 total - Tax Payment
Common Stock
2024-07-26$1.83/sh−6,212$11,368→ 489,717 total - Exercise/Conversion
Performance-Based Restricted Stock Units ("2021 PSUs")
2024-07-26−12,166→ 0 total→ Common Stock (12,166 underlying) - Award
Restricted Stock Units
2024-07-30+522,388→ 522,388 total→ Common Stock (522,388 underlying)
Footnotes (6)
- [F1]On July 26, 2021, the reporting person was granted 48,662 of 2021 PSUs, with vesting subject to the achievement of certain pre-established performance parameters relating to the achievement of Tilray's synergy goals resulting from the integration of Aphria, Inc. The underlying performance condition was satisfied, and an amount equal to 25% of these 2021 PSUs vested (12,166) on July 26, 2024.
- [F2]Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested RSUs or PSUs.
- [F3]Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 12,166 2021 PSUs previously granted on June 26, 2021.
- [F4]Each unit represents a contingent right to receive one (1) share of Tilray Common Stock.
- [F5]Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of Common Stock. Grant date is based on close of trading on July 30, 2024.
- [F6]Subject to the reporting person's continuous employment through the vesting date, the 2024 LTIP RSUs shall vest in two (2) equal annual installments, commencing on July 26, 2025, and July 26, 2026, except in the case of the reporting person's earlier voluntary resignation, death or disability. In the event of a voluntary resignation 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 0001477590
Filing Metadata
- Form type
- 4
- Filed
- Jul 29, 8:00 PM ET
- Accepted
- Jul 30, 6:33 PM ET
- Size
- 12.3 KB