James R. Meiers - 12 May 2021 Form 4 Insider Report for Tilray, Inc. (TLRY)

Role
Head of Canada
Signature
/s/ Carl A. Merton, as Attorney-in-Fact for James R. Meiers
Issuer symbol
TLRY
Transactions as of
12 May 2021
Net transactions value
-$106,054
Form type
4
Filing time
14 May 2021, 20:57:49 UTC
Previous filing
10 May 2021
Next filing
07 Jun 2021
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 +31,125 31,125 12 May 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability $106,054 -7,299 -23% $14.53* 23,826 12 May 2021 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 TLRY Restricted Stock Units Options Exercise $0 -31,125 -50% $0.000000 31,125 12 May 2021 Class 2 Common Stock 31,125 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into shares of Class 2 common stock on a one-for-one basis.
F2 On November 14, 2019, the reporting person was granted 62,250 restricted stock units, with 50% vesting on November 14, 2020, and the remaining 50% vesting on November 14, 2021.