Carl A. Merton - May 14, 2021 Form 4 Insider Report for Tilray, Inc. (TLRY)

Role
Chief Financial Officer
Signature
/s/ Carl A. Merton
Stock symbol
TLRY
Transactions as of
May 14, 2021
Transactions value $
-$32,591
Form type
4
Date filed
5/18/2021, 07:11 PM
Previous filing
May 14, 2021
Next filing
Jul 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRY Class 2 Common Stock Options Exercise $480K +41.5K +24.54% $11.56 211K May 14, 2021 Direct
transaction TLRY Class 2 Common Stock Tax liability -$512K -36.8K -17.46% $13.93* 174K May 14, 2021 Direct F1

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 Employee Stock Option (right to buy) Options Exercise $0 -41.5K -100% $0.00* 0 May 14, 2021 Class 2 Common Stock 41.5K $11.56 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount represents the total amount of shares withheld to pay the option exercise price and the reporting person's tax obligations incurred in connection with the exercise of the stock option.