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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 Aug 2021, 21:00:48 UTC
Prior SEC filing
11 Aug 2021
Next SEC filing
23 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
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 16 Aug 2021.

Key facts

  • This page summarizes Irwin D. Simon's Form 4 filing for Tilray, Inc. (TLRY).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 16 Aug 2021, 21:00.

Change

  • Previous filing in this sequence was filed on 11 Aug 2021.
  • Current net transaction value: -$1,270,777.

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
+180,251
Change %
+47%
Price
Shares after
563,385
Date
12 Aug 2021
Ownership
Direct
Footnotes
F2
TLRY transaction

Class 2 Common Stock

Tax liability

Transaction value
$1,270,777
Shares
-90,126
Change %
-16%
Price
$14.10*
Shares after
473,259
Date
12 Aug 2021
Ownership
Direct
Footnotes
F1

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
-180,251
Change %
-50%
Price
$0.000000
Shares after
180,251
Date
12 Aug 2021
Ownership
Direct
Underlying class
Class 2 Common Stock
Underlying amount
180,251
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

These shares were retained by Tilray, Inc. via settlement on a net withholding basis in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of restricted stock units granted to the reporting person on August 12, 2020. None of these shares were sold in an open market transaction.

Footnote F2

Restricted stock units convert into shares of Tilray, Inc. Class 2 Common Stock on a one-for-one basis.

Footnote F3

On August 12, 2020, the reporting person was granted 360,502 restricted stock units with 50% vesting on August 12, 2021, and the remaining 50% vesting on August 12, 2022.

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