4//SEC Filing
Greenwood Maryscott 4
Accession 0001209191-20-049511
CIK 0001731348other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 5:54 PM ET
Size
9.7 KB
Accession
0001209191-20-049511
Insider Transaction Report
Form 4
Tilray, Inc.TLRY
Greenwood Maryscott
Director
Transactions
- Exercise/Conversion
Class 2 Common Stock
2020-09-01+2,187→ 21,391 total - Sale
Class 2 Common Stock
2020-09-01$6.44/sh−5,000$32,195→ 16,391 total - Award
Restricted Stock Units
2020-09-01−2,187→ 15,313 totalFrom: 2020-09-01→ Class 2 Common Stock (2,187 underlying)
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") converted into one share of Class 2 Common Stock.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.36 to $6.58, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote 3 to this Form 4.
- [F4]Each RSU represents a contingent right to receive one share of the Issuer's Class 2 Common Stock.
- [F5]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.
Documents
Issuer
Tilray, Inc.
CIK 0001731348
Entity typeother
Related Parties
1- filerCIK 0001746224
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 5:54 PM ET
- Size
- 9.7 KB