Dopp Rebekah 4
4 · Tilray, Inc. · Filed Sep 3, 2020
Insider Transaction Report
Form 4
Tilray, Inc.TLRY
Dopp Rebekah
Director
Transactions
- Exercise/Conversion
Class 2 Common Stock
2020-09-01+2,187→ 23,120 total - Exercise/Conversion
Restricted Stock Units
2020-09-01−2,187→ 15,313 totalFrom: 2020-09-01→ Class 2 Common Stock (2,187 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") converted into one share of Class 2 Common Stock.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's Class 2 Common Stock.
- [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 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 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.