Arthur Smuck - Sep 29, 2024 Form 4 Insider Report for TILT Holdings Inc. (TLLTF)

Role: Director
Signature: /s/ Mark Higgins as attorney-in-fact for Arthur Smuck
Stock symbol: TLLTF
Transactions as of: Sep 29, 2024
Transactions value $: $0
Form type: 4
Date filed: 10/1/2024, 04:03 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.

Content

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.