4//SEC Filing
Pastorius Edward Wood JR 4
Accession 0001209191-19-060782
CIK 0001731348other
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 8:03 PM ET
Size
15.0 KB
Accession
0001209191-19-060782
Insider Transaction Report
Form 4
Tilray, Inc.TLRY
Pastorius Edward Wood JR
Chief Revenue Officer
Transactions
- Award
Class 2 Common Stock
2019-12-12+49,985→ 49,985 total(indirect: By LLC) - Award
Class 2 Common Stock
2019-12-12+61,729→ 84,424 total - Award
Stock Option (Right to Buy)
2019-12-12+13,411→ 13,411 totalExercise: $3.13Exp: 2027-03-30→ Class 2 Common Stock (13,411 underlying) - Award
Stock Option (Right to Buy)
2019-12-12+16,093→ 16,093 totalExercise: $5.28Exp: 2028-04-13→ Class 2 Common Stock (15,000 underlying) - Award
Class 2 Common Stock
2019-12-12+41,015→ 41,015 total(indirect: By Trust)
Footnotes (10)
- [F1]On September 9, 2019, the Issuer entered into an Agreement and Plan of Reorganization (the "Merger Agreement") with Privateer Holdings, Inc. ("Target"), Down River Merger Sub, LLC, a wholly owned subsidiary of the Issuer (the "Subsidiary"), and Michael Blue, as the Stockholder Representative. On December 12, 2019 (the "Effective Time"), Target merged with and into the Subsidiary.
- [F10]Received in the Merger in exchange for a stock option to acquire 15,000 shares of Target's Class 3 Common Stock for $5.66 per share.
- [F2]These shares were received in exchange for (i) 37,500 shares of Target's Class 1 Common Stock and (ii) 15,000 shares of Target's Class 3 Common Stock in connection with the Merger.
- [F3]These shares were received in exchange for 42,512 shares of Target's Series C Preferred Stock in connection with the Merger.
- [F4]The shares are held directly by Canna Enterprises, LLC. The Reporting Person is a manager of Canna Enterprises, LLC and has voting and investment power with respect to the shares held by Canna Enterprises, LLC.
- [F5]These shares were received in exchange for 34,883 shares of Target's Series C Preferred Stock in connection with the Merger.
- [F6]The shares are held directly by WP Investment Remainder Trust. The Reporting Person is the trustee and beneficiary of WP Investment Remainder Trust and has voting and investment power with respect to the shares held by WP Investment Remainder Trust.
- [F7]1/12th of the shares subject to the option become vested and exercisable on December 14, 2019 and 1/12th of the shares subject to the option shall vest monthly thereafter for so long as the Reporting Person provides continuous service to the Issuer.
- [F8]Received in the Merger in exchange for a stock option to acquire 12,500 shares of Target's Class 1 Common Stock for $3.36 per share.
- [F9]1/24th of the shares subject to the option become vested and exercisable on December 14, 2019 and 1/24th of the shares subject to the option shall vest monthly thereafter for so long as the Reporting Person provides continuous service to the Issuer.
Documents
Issuer
Tilray, Inc.
CIK 0001731348
Entity typeother
Related Parties
1- filerCIK 0001746057
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 8:03 PM ET
- Size
- 15.0 KB