Renah Persofsky - 21 Jun 2023 Form 4 Insider Report for Tilray Brands, Inc. (TLRY)

Role
Director
Signature
/s/ Carl A. Merton, as Attorney-in-Fact for Renah Persofsky
Issuer symbol
TLRY
Transactions as of
21 Jun 2023
Net transactions value
+$3,282
Form type
4
Filing time
23 Jun 2023, 17:05:35 UTC
Previous filing
07 Jun 2023
Next filing
27 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRY Common Stock Options Exercise $6,096 +3,858 +16% $1.58 28,051 21 Jun 2023 Direct F1, F2
transaction TLRY Common Stock Tax liability $2,814 -1,781 -6.3% $1.58 26,270 21 Jun 2023 Direct F2, F3

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 Options Exercise $0 -3,858 -50% $0.000000 3,858 21 Jun 2023 Common Stock 3,858 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 21, 2023, a total of 3,858 LTIP RSUs vested. Each LTIP RSU represents a contingent right to receive one (1) share of Tilray Common Stock.
F2 Amount includes shares of Common Stock beneficially owned by the reporting person, but excludes other unvested RSUs.
F3 Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 3,858 LTIP RSUs previously granted on June 21, 2021.
F4 Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Brands, Inc. Common Stock.