Levin Jon Edward 4
4 · Tilray, Inc. · Filed Mar 9, 2020
Insider Transaction Report
Form 4
Tilray, Inc.TLRY
Levin Jon Edward
Chief Operating Officer
Transactions
- Award
Restricted Stock Units
2020-03-05+100,000→ 100,000 total→ Class 2 Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class 2 Common Stock.
- [F2]The RSUs shall vest at the rate of 33.36% of the RSUs on the twelve (12) month anniversary of March 5, 2020 (the "Vesting Date"), and the remaining RSUs will vest quarterly thereafter at the rate of 8.33% of the total number of RSUs on each quarterly anniversary of the Vesting Date thereafter for so long as the Reporting Person remains in Continuous Service (as defined in the Company's 2018 Equity Incentive Plan), such that the total number of RSUs shall be fully vested on the three-year anniversary of the Vesting Date.