St.Clare Christine 4

4 · Tilray, Inc. · Filed Jun 3, 2020

Form 4

Period: 2020-05-28

Director

Transactions

Exercise/Conversion
Class 2 Common Stock
2020-06-01+2,188→ 20,871 total
Exercise/Conversion
Restricted Stock Units
2020-06-01−2,188→ 17,500 total
From: 2020-06-01→ Class 2 Common Stock (2,188 underlying)
Exercise/Conversion
Class 2 Common Stock
2020-05-28+7,371→ 18,683 total
Exercise/Conversion
Restricted Stock Units
2020-05-28−7,371→ 0 total
From: 2020-05-28→ Class 2 Common Stock (7,371 underlying)

Footnotes (3)

[F1]Each restricted stock unit ("RSU") converted into one share of Class 2 Common Stock.
[F2]The RSUs shall vest in full upon the earlier of (1) the date of the 2020 Annual Meeting of Stockholders of the Issuer (which occurred on May 28, 2020), and (2) the one-year anniversary of June 1, 2019 so long as the Reporting Person remains in Continuous Service (as defined in the Issuer's 2018 Equity Incentive Plan), through such vesting date.
[F3]The RSUs shall vest at the rate of 25% of the RSUs on the twelve (12) month anniversary of June 1, 2018 (the "Vesting Date"), and the remaining RSUs will vest quarterly thereafter at the rate of 6.25% of the total number of the RSUs on each quarterly anniversary of the Vesting Date for so long as the Reporting Person remains in Continuous Service (as defined in the Issuer's 2018 Equity Incentive Plan), such that the total number of RSUs shall be fully vested on the four-year anniversary of the Vesting Date.

Documents

1 file