R. Adam Draizin - Sep 29, 2024 Form 4 Insider Report for TILT Holdings Inc. (TLLTF)

Role
Director
Signature
/s/ Mark Higgins as attorney-in-fact for Adam Draizin
Stock symbol
TLLTF
Transactions as of
Sep 29, 2024
Transactions value $
$0
Form type
4
Date filed
10/1/2024, 04:01 PM
Previous filing
Jun 11, 2024

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 Stock Option (Right to Buy) Award $0 +6.97M $0.00 6.97M Sep 29, 2024 Common Shares, no par value 6.97M $0.02 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price provided in this column was calculated based on an exercise price of CAD$0.03 converted to U.S. dollars using the exchange rate provided by the Bank of Canada of USD$1.00= CAD$1.3499 on September 27, 2024. 1,742,424 options will vest on September 30, 2024, 1,742,424 options will vest on December 31, 2024, 1,742,424 options will vest on March 31, 2025 and 1,742,425 options 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.