4//SEC Filing
Kruteck Michael C. 4
Accession 0001209191-21-019246
CIK 0001731348other
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 6:56 PM ET
Size
9.4 KB
Accession
0001209191-21-019246
Insider Transaction Report
Form 4
Tilray, Inc.TLRY
Kruteck Michael C.
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-03-05+33,360→ 66,640 totalFrom: 2021-03-05→ Class 2 Common Stock (33,360 underlying) - Award
Class 2 Common Stock
2021-03-05+33,360→ 63,075 total - Tax Payment
Class 2 Common Stock
2021-03-05−14,646→ 48,429 total
Footnotes (4)
- [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]Each RSU represents a contingent right to receive one share of the Issuer's Class 2 Common Stock.
- [F4]The RSUs shall vest at the rate of 33.36% of the RSUs on the twelve (12) month anniversary of March 5, 2020 (the "Vesting Date"), and the remaining RSUs will vest quarterly thereafter at the rate of 8.33% 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 Company's 2018 Equity Incentive Plan), such that the total number of RSUs shall be fully vested on the three-year anniversary of the Vesting Date.
Documents
Issuer
Tilray, Inc.
CIK 0001731348
Entity typeother
Related Parties
1- filerCIK 0001800864
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 6:56 PM ET
- Size
- 9.4 KB