Brad Hoch - 18 Jun 2022 Form 3 Insider Report for TILT Holdings Inc. (TLLTF)

Role
Chief Financial Officer
Signature
/s/ Mark M. Higgins as attorney-in-fact for Brad Hoch
Issuer symbol
TLLTF
Transactions as of
18 Jun 2022
Transactions value $
$0
Form type
3
Filing time
21 Jun 2022, 19:31:59 UTC
Next filing
17 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TLLTF Common Stock, no par value 41,509 18 Jun 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TLLTF Employee stock option (right to buy) 18 Jun 2022 Common stock, no par value 400,000 $0.5 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each stock option is exercisable for one share of Common Stock. The options vested as to 200,000 shares of Common Stock on June 26, 2021, with 1/12 of the remaining 200,000 options vesting monthly thereafter, subject to the Reporting Person's continued employment with the Issuer on each vesting date.
F2 The exercise price of the options is $0.65 Canadian dollars per share of common stock. The amount in column 4 is converted to U.S. dollars using the exchange rate as of June 17, 2022 as reported by the Bank of Canada.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney