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

Reporting relationship: President and CEO, Director
Issuer ticker: TLRY
Reported as of: 12 May 2021
Net transaction value: -$3,525,298
SEC form: 4
Accepted by SEC: 14 May 2021, 20:51:47 UTC
Prior SEC filing: 10 May 2021
Next SEC filing: 03 Jun 2021
Source filing: View source filing
Reporting owner signature: /s/ Carl A. Merton, as Attorney-in-Fact for Irwin D. Simon

Key filing fact

Irwin D. Simon filed Form 4 for Tilray, Inc. (TLRY) on 14 May 2021.

Key facts

This page summarizes Irwin D. Simon's Form 4 filing for Tilray, Inc. (TLRY).
18 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 14 May 2021, 20:51.

Change

Previous filing in this sequence was filed on 10 May 2021.
Current net transaction value: -$3,525,298.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TLRY transaction

Class 2 Common Stock

Options Exercise

Transaction value
Shares: +72,678
Change %
Price
Shares after: 72,678
Date: 12 May 2021
Ownership: Direct
Footnotes: F1

TLRY transaction

Class 2 Common Stock

Tax liability

Transaction value: $563,183
Shares: -38,760
Change %: -53%
Price: $14.53^*
Shares after: 33,918
Date: 12 May 2021
Ownership: Direct

TLRY transaction

Class 2 Common Stock

Options Exercise

Transaction value
Shares: +72,672
Change %: +214%
Price
Shares after: 106,590
Date: 12 May 2021
Ownership: Direct
Footnotes: F1

TLRY transaction

Class 2 Common Stock

Tax liability

Transaction value: $563,125
Shares: -38,756
Change %: -36%
Price: $14.53^*
Shares after: 67,834
Date: 12 May 2021
Ownership: Direct

TLRY transaction

Class 2 Common Stock

Options Exercise

Transaction value
Shares: +20,750
Change %: +31%
Price
Shares after: 88,584
Date: 12 May 2021
Ownership: Direct
Footnotes: F1

TLRY transaction

Class 2 Common Stock

Tax liability

Transaction value: $160,789
Shares: -11,066
Change %: -12%
Price: $14.53^*
Shares after: 77,518
Date: 12 May 2021
Ownership: Direct

TLRY transaction

Class 2 Common Stock

Options Exercise

Transaction value
Shares: +242,240
Change %: +312%
Price
Shares after: 319,758
Date: 12 May 2021
Ownership: Direct
Footnotes: F1

TLRY transaction

Class 2 Common Stock

Tax liability

Transaction value: $1,877,087
Shares: -129,187
Change %: -40%
Price: $14.53^*
Shares after: 190,571
Date: 12 May 2021
Ownership: Direct

TLRY transaction

Class 2 Common Stock

Options Exercise

Transaction value
Shares: +20,750
Change %: +11%
Price
Shares after: 211,321
Date: 12 May 2021
Ownership: Direct
Footnotes: F1

TLRY transaction

Class 2 Common Stock

Tax liability

Transaction value: $160,789
Shares: -11,066
Change %: -5.2%
Price: $14.53^*
Shares after: 200,255
Date: 12 May 2021
Ownership: Direct

TLRY transaction

Class 2 Common Stock

Options Exercise

Transaction value
Shares: +25,852
Change %: +13%
Price
Shares after: 226,107
Date: 12 May 2021
Ownership: Direct
Footnotes: F1

TLRY transaction

Class 2 Common Stock

Tax liability

Transaction value: $200,325
Shares: -13,787
Change %: -6.1%
Price: $14.53^*
Shares after: 212,320
Date: 12 May 2021
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TLRY transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -72,678
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 12 May 2021
Ownership: Direct
Underlying class: Class 2 Common Stock
Underlying amount: 72,678
Exercise price
Footnotes: F1, F2

TLRY transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -72,672
Change %: -33%
Price: $0.000000
Shares after: 145,366
Date: 12 May 2021
Ownership: Direct
Underlying class: Class 2 Common Stock
Underlying amount: 72,672
Exercise price
Footnotes: F1, F3

TLRY transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -20,750
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 12 May 2021
Ownership: Direct
Underlying class: Class 2 Common Stock
Underlying amount: 20,750
Exercise price
Footnotes: F1, F4

TLRY transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -242,240
Change %: -33%
Price: $0.000000
Shares after: 484,554
Date: 12 May 2021
Ownership: Direct
Underlying class: Class 2 Common Stock
Underlying amount: 242,240
Exercise price
Footnotes: F1, F5

TLRY transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -20,750
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 12 May 2021
Ownership: Direct
Underlying class: Class 2 Common Stock
Underlying amount: 20,750
Exercise price
Footnotes: F1, F6

TLRY transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -25,852
Change %: -50%
Price: $0.000000
Shares after: 25,852
Date: 12 May 2021
Ownership: Direct
Underlying class: Class 2 Common Stock
Underlying amount: 25,852
Exercise price
Footnotes: F1, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Restricted stock units convert into shares of Class 2 common stock on a one-for-one basis.

Footnote F2

On January 22, 2020, the reporting person was granted 72,678 restricted stock units, with 100% vesting on June 1, 2020.

Footnote 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.

Footnote F4

On January 22, 2020, the reporting person was granted 20,750 fully vested restricted stock units.

Footnote 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.

Footnote F6

On February 24, 2019, the reporting person was granted 20,750 fully vested restricted stock units.

Footnote 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.