4//SEC Filing
Kruteck Michael C. 4
Accession 0001209191-21-013504
CIK 0001731348other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 8:12 PM ET
Size
9.6 KB
Accession
0001209191-21-013504
Insider Transaction Report
Form 4
Tilray, Inc.TLRY
Kruteck Michael C.
Chief Financial Officer
Transactions
- Tax Payment
Class 2 Common Stock
2021-02-19−23,476→ 29,715 total - Award
Restricted Stock Units
2021-02-19+53,192→ 53,192 total→ Class 2 Common Stock (53,192 underlying) - Award
Class 2 Common Stock
2021-02-19+53,191→ 53,191 total
Footnotes (4)
- [F1]On August 5, 2020, the Reporting Person was granted restricted stock units ("RSU"), which represented a contingent right to receive 106,383 shares of the Issuer's Class 2 Common Stock. The RSU was to vest 50% upon the filing date of the Issuer's Annual Report on Form 10-K for the year ended December 31, 2020, provided that the Issuer achieved certain performance criteria for fourth quarter 2020 (the "Performance Criteria"). The Performance Criteria was met on February 19, 2021, resulting in the vesting of 53,191 shares under this RSU.
- [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]Each RSU represents a contingent right to receive one share of the Issuer's Class 2 Common Stock.
- [F4]On February 19, 2021 the Performance Criteria was met allowing for the remaining 50% of the RSU (53,192 shares) to vest on January 1, 2022, subject to the Reporting Person providing continuous service to the Issuer until such date.
Documents
Issuer
Tilray, Inc.
CIK 0001731348
Entity typeother
Related Parties
1- filerCIK 0001800864
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 8:12 PM ET
- Size
- 9.6 KB