4//SEC Filing
Levin Jon Edward 4
Accession 0001209191-21-013509
CIK 0001731348other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 8:15 PM ET
Size
9.5 KB
Accession
0001209191-21-013509
Insider Transaction Report
Form 4
Tilray, Inc.TLRY
Levin Jon Edward
Chief Operating Officer
Transactions
- Award
Class 2 Common Stock
2021-02-19+56,738→ 56,738 total - Tax Payment
Class 2 Common Stock
2021-02-19−26,982→ 29,756 total - Award
Restricted Stock Units
2021-02-19+56,738→ 56,738 total→ Class 2 Common Stock (56,738 underlying)
Footnotes (4)
- [F1]On August 5, 2020, the Reporting Person was granted restricted stock units ("RSU"), which represented a contingent right to receive 113,476 shares of 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 56,738 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 (56,738 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 0001800868
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 8:15 PM ET
- Size
- 9.5 KB