R. John Barravecchia - Dec 14, 2022 Form 4 Insider Report for TILT Holdings Inc. (TLLTF)

Role
Director
Signature
/s/ Mark Higgins as attorney-in-fact for John Barravecchia
Stock symbol
TLLTF
Transactions as of
Dec 14, 2022
Transactions value $
$0
Form type
4
Date filed
12/16/2022, 03:08 PM
Previous filing
Jun 21, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLLTF Common Shares, no par value Award $0 +144K +24.52% $0.00 732K Dec 14, 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
transaction TLLTF Restricted Share Units Award $0 +432K $0.00 432K Dec 14, 2022 Common Shares, no par value 432K 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. 144,121 RSUs will vest on December 31, 2022, 144,122 RSUs will vest on March 31, 2023 and 144,122 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.