James R. Meiers - May 12, 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
Stock symbol
TLRY
Transactions as of
May 12, 2021
Transactions value $
-$106,054
Form type
4
Date filed
5/14/2021, 08:57 PM
Previous filing
May 10, 2021
Next filing
Jun 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRY Class 2 Common Stock Options Exercise +31.1K 31.1K May 12, 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability -$106K -7.3K -23.45% $14.53* 23.8K May 12, 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 -31.1K -50% $0.00 31.1K May 12, 2021 Class 2 Common Stock 31.1K 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.