Irwin D. Simon - 01 Jun 2023 Form 4 Insider Report for Tilray Brands, Inc. (TLRY)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Jun 2023, 16:36:13 UTC
Prior SEC filing
21 Mar 2023
Next SEC filing
16 Jun 2023
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 Brands, Inc. (TLRY) on 05 Jun 2023.

Key facts

  • This page summarizes Irwin D. Simon's Form 4 filing for Tilray Brands, Inc. (TLRY).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 05 Jun 2023, 16:36.

Change

  • Previous filing in this sequence was filed on 21 Mar 2023.
  • Current net transaction value: +$589,014.

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

Common Stock (RSUs)

Options Exercise

Transaction value
$1,243,028
Shares
+731,193
Change %
+80%
Price
$1.70
Shares after
1,646,432
Date
01 Jun 2023
Ownership
Direct
Footnotes
F1, F2
TLRY transaction

Common Stock (RSUs)

Tax liability

Transaction value
$654,014
Shares
-384,714
Change %
-23%
Price
$1.70
Shares after
1,261,718
Date
01 Jun 2023
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TLRY transaction Derivative

Restricted Stock Units ("2021 LTIP RSUs")

Disposed to Issuer

Transaction value
$0
Shares
-130,911
Change %
-50%
Price
$0.000000
Shares after
130,951
Date
01 Jun 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
130,911
Exercise price
Footnotes
F4, F5
TLRY transaction Derivative

Restricted Stock Units ("2022 LTIP RSUs")

Disposed to Issuer

Transaction value
$0
Shares
-600,282
Change %
-50%
Price
$0.000000
Shares after
600,283
Date
01 Jun 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
600,282
Exercise price
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

On June 1, 2023, a total of 731,193 LTIP RSUs vested. Each LTIP RSU represents a contingent right to receive one (1) share of Tilray Common Stock.

Footnote F2

Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested PSUs.

Footnote F3

Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 731,193 LTIP RSUs previously granted on July 27, 2021 and July 27, 2022.

Footnote F4

Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock.

Footnote F5

Amount represents the total amount of unvested RSUs.

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