4//SEC Filing
Pastorius Edward Wood JR 4
Accession 0001209191-20-041243
CIK 0001731348other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 7:11 PM ET
Size
19.2 KB
Accession
0001209191-20-041243
Insider Transaction Report
Form 4
Tilray, Inc.TLRY
Pastorius Edward Wood JR
Chief Revenue Officer
Transactions
- Exercise/Conversion
Class 2 Common Stock
2020-07-01+6,250→ 101,039 total - Tax Payment
Class 2 Common Stock
2020-07-01$7.01/sh−1,812$12,702→ 99,227 total - Exercise/Conversion
Class 2 Common Stock
2020-07-05$5.28/sh+4,693$24,757→ 103,920 total - Exercise/Conversion
Class 2 Common Stock
2020-07-05$3.13/sh+7,822$24,496→ 111,742 total - Exercise/Conversion
Restricted Stock Units
2020-07-01−6,250→ 12,500 totalFrom: 2020-07-01→ Class 2 Common Stock (6,250 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2020-07-05−4,693→ 11,400 totalExercise: $5.28Exp: 2028-04-13→ Class 2 Common Stock (4,693 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2020-07-05−7,822→ 5,589 totalExercise: $3.13Exp: 2027-03-30→ Class 2 Common (7,822 underlying)
Holdings
- 49,985(indirect: By LLC)
Class 2 Common Stock
- 41,015(indirect: By Trust)
Class 2 Common Stock
Footnotes (8)
- [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 shares are held directly by Canna Enterprises, LLC. The Reporting Person is manager of Canna Enterprises, LLC and has voting and investment power with respect to the shares held by Canna Enterprises, LLC.
- [F4]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.
- [F5]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class 2 Common Stock.
- [F6]The remaining RSUs will vest quarterly at a rate of 6.25% of the total number of RSUs on each quarterly anniversary of January 1, 2017 (the "Vesting Date") 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 four-year anniversary of the Vesting Date.
- [F7]1/24th of the shares subject to the option became 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.
- [F8]1/12th of the shares subject to the option became 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.
Documents
Issuer
Tilray, Inc.
CIK 0001731348
Entity typeother
Related Parties
1- filerCIK 0001746057
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 7:11 PM ET
- Size
- 19.2 KB