Pucher Andrew 4

4 · Tilray, Inc. · Filed Mar 20, 2020

Form 4

Period: 2020-03-18

Chief Corporate Dev Officer

Transactions

Exercise/Conversion
Class 2 Common Stock
2020-03-18+30,024→ 30,024 total
Exercise/Conversion
Restricted Stock Units
2020-03-18−30,024→ 59,976 total
From: 2020-03-18→ Class 2 Common Stock (30,024 underlying)
Tax Payment
Class 2 Common Stock
2020-03-18$2.47/sh−16,072$39,698→ 13,952 total

Footnotes (3)

[F1]Each restricted stock unit ("RSU") converted into one share of Class 2 Common Stock.
[F2]Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations in connection with the vesting of the RSU.
[F3]The Form 3 filed on August 14, 2019 reported the Vesting Commencement Date of May 16 ,2019, which was amended to be March 18, 2019, the Reporting Person's hire date, (the "Vest Date"), such that the RSUs shall vest at the rate of 33.36% of the RSUs on the twelve (12) month anniversary of 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.

Documents

1 file