George Odden - 12 Jun 2023 Form 4 Insider Report for TILT Holdings Inc. (TLLTF)

Role: Director
Signature: /s/ Mark Higgins as attorney-in-fact for George Odden
Issuer symbol: TLLTF
Transactions as of: 12 Jun 2023
Transactions value $: $0
Form type: 4
Filing time: 14 Jun 2023, 16:06:51 UTC
Previous filing: 16 Mar 2023
Next filing: 05 Oct 2023
SEC: View on sec.gov

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
transaction	TLLTF	Restricted Share Units	Award	$0	+2,468,301		$0	2,468,301	12 Jun 2023	Common Shares, no par value	2,468,301		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted share unit ("RSU") is equivalent in value to one share of the Issuer's common shares, no par value. 617,075 RSUs will vest on September 29, 2023, 617,075 RSUs will vest on December 29, 2023, 617,075 will vest on March 29, 2024 and 617, 076 RSUs will vest on the business day immediately preceding the date of the Issuer's next annual general meeting of shareholders, subject to the Reporting Person continuing as a director on each vesting date.
F2	RSUs do not expire, they either vest or are cancelled.

Content

Each restricted share unit ("RSU") is equivalent in value to one share of the Issuer's common shares, no par value. 617,075 RSUs will vest on September 29, 2023, 617,075 RSUs will vest on December 29, 2023, 617,075 will vest on March 29, 2024 and 617, 076 RSUs will vest on the business day immediately preceding the date of the Issuer's next annual general meeting of shareholders, subject to the Reporting Person continuing as a director on each vesting date.

RSUs do not expire, they either vest or are cancelled.