Thomas P. Looney - 14 Apr 2022 Form 4 Insider Report for Tilray Brands, Inc. (TLRY)

Role: Director
Signature: /s/ Carl A. Merton, as Attorney-in-Fact for Thomas P. Looney
Issuer symbol: TLRY
Transactions as of: 14 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 18 Apr 2022, 08:00:41 UTC
Previous filing: 23 Jun 2021
Next filing: 27 Jul 2022
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		+6,225	+991%		6,853	14 Apr 2022	Direct	F1

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	-6,225	-100%	$0.000000^*	0	14 Apr 2022	Class 2 Common Stock	6,225		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	RSUs convert into shares of Tilray Class 2 Common Stock on a one-for-one basis.
F2	Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Brands, Inc. Class 2 Common Stock.
F3	All of the RSUs vested on April 14, 2022.