Renah Persofsky - Jun 21, 2021 Form 4 Insider Report for Tilray, Inc. (TLRY)

Role
Director
Signature
/s/ Carl A. Merton, as Attorney-In-Fact for Renah Persofsky
Stock symbol
TLRY
Transactions as of
Jun 21, 2021
Transactions value $
$0
Form type
4
Date filed
6/23/2021, 09:20 PM
Previous filing
May 10, 2021
Next filing
Jun 30, 2021

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 Award $0 +11.5K $0.00 11.5K Jun 21, 2021 Class 2 Common Stock 11.5K Direct F1, F2
transaction TLRY Restricted Stock Units Award $0 +11.5K $0.00 11.5K Jun 21, 2021 Class 2 Common Stock 11.5K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one (1) share of Tilray, Inc. Class 2 Common Stock.
F2 Subject to the reporting person's continuous service, the restricted stock units shall vest over three (3) years from the date of grant on an equal and ratable basis, with accelerated vesting solely upon death or disability prior to such date. In the event of a voluntary termination by the reporting person prior to the vesting date, all restricted stock units will be forfeited.
F3 Subject to the reporting person's continuous service, the restricted stock units shall vest in full on the first (1st) anniversary of the grant date, with accelerated vesting solely upon death or disability prior to such date. In the event of a voluntary termination by the reporting person prior to the vesting date, all restricted stock units will be forfeited.