Brendan Kennedy - Jul 26, 2022 Form 4 Insider Report for Tilray Brands, Inc. (TLRY)

Role
Director
Signature
/s/ Carl A. Merton, as Attorney-in-Fact for Brendan Kennedy
Stock symbol
TLRY
Transactions as of
Jul 26, 2022
Transactions value $
$0
Form type
4
Date filed
7/28/2022, 06:17 AM
Previous filing
Jul 7, 2022
Next filing
Aug 19, 2022

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 -70.6K -47.41% $0.00 78.3K Jul 26, 2022 Class 2 Common Stock 70.6K Direct F1, F2, 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 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 Amount represents the total amount of unvested RSUs and underlying shares of Tilray Class 2 Common Stock.