IRWIN D. SIMON - 12 May 2021 Form 4 Insider Report for Tilray, Inc. (TLRY)

Role
President and CEO, Director
Signature
/s/ Carl A. Merton, as Attorney-in-Fact for Irwin D. Simon
Issuer symbol
TLRY
Transactions as of
12 May 2021
Transactions value $
-$3,525,298
Form type
4
Filing time
14 May 2021, 20:51:47 UTC
Previous filing
10 May 2021
Next filing
03 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRY Class 2 Common Stock Options Exercise +72,678 72,678 12 May 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability -$563,182 -38,760 -53.33% $14.53* 33,918 12 May 2021 Direct
transaction TLRY Class 2 Common Stock Options Exercise +72,672 +2.14% 106,590 12 May 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability -$563,124 -38,756 -36.36% $14.53* 67,834 12 May 2021 Direct
transaction TLRY Class 2 Common Stock Options Exercise +20,750 +30.59% 88,584 12 May 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability -$160,788 -11,066 -12.49% $14.53* 77,518 12 May 2021 Direct
transaction TLRY Class 2 Common Stock Options Exercise +242,240 +3.12% 319,758 12 May 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability -$1,877,087 -129,187 -40.4% $14.53* 190,571 12 May 2021 Direct
transaction TLRY Class 2 Common Stock Options Exercise +20,750 +10.89% 211,321 12 May 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability -$160,788 -11,066 -5.24% $14.53* 200,255 12 May 2021 Direct
transaction TLRY Class 2 Common Stock Options Exercise +25,852 +12.91% 226,107 12 May 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability -$200,325 -13,787 -6.1% $14.53* 212,320 12 May 2021 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
transaction TLRY Restricted Stock Units Options Exercise $0 -72,678 -100% $0* 0 12 May 2021 Class 2 Common Stock 72,678 Direct F1, F2
transaction TLRY Restricted Stock Units Options Exercise $0 -72,672 -33.33% $0 145,366 12 May 2021 Class 2 Common Stock 72,672 Direct F1, F3
transaction TLRY Restricted Stock Units Options Exercise $0 -20,750 -100% $0* 0 12 May 2021 Class 2 Common Stock 20,750 Direct F1, F4
transaction TLRY Restricted Stock Units Options Exercise $0 -242,240 -33.33% $0 484,554 12 May 2021 Class 2 Common Stock 242,240 Direct F1, F5
transaction TLRY Restricted Stock Units Options Exercise $0 -20,750 -100% $0* 0 12 May 2021 Class 2 Common Stock 20,750 Direct F1, F6
transaction TLRY Restricted Stock Units Options Exercise $0 -25,852 -50% $0 25,852 12 May 2021 Class 2 Common Stock 25,852 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into shares of Class 2 common stock on a one-for-one basis.
F2 On January 22, 2020, the reporting person was granted 72,678 restricted stock units, with 100% vesting on June 1, 2020.
F3 On January 22, 2020, the reporting person was granted 218,038 restricted stock units, 33.33% of which vested on June 1, 2020; 33.33% will vest on June 1, 2021; and the remaining 33.34% will vest on June 1, 2022.
F4 On January 22, 2020, the reporting person was granted 20,750 fully vested restricted stock units.
F5 On January 22, 2020, the reporting person was granted 726,794 restricted stock units, 33.33% of which vested on June 1, 2020; 33.33% will vest on June 1, 2021; and the remaining 33.34% will vest on June 1, 2022.
F6 On February 24, 2019, the reporting person was granted 20,750 fully vested restricted stock units.
F7 On August 7, 2019, the reporting person was granted 51,704 restricted stock units with 50% vesting on August 7, 2020, and the remaining 50% vesting on August 7, 2021.