Thomas P. Looney - Jul 26, 2024 Form 4 Insider Report for Tilray Brands, Inc. (TLRY)

Role
Director
Signature
/s/ Carl A. Merton, as Attorney-in-Fact for Tom Looney
Stock symbol
TLRY
Transactions as of
Jul 26, 2024
Transactions value $
$237,047
Form type
4
Date filed
7/30/2024, 06:34 PM
Previous filing
Jun 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRY Common Stock Options Exercise $237K +130K +128.88% $1.83 230K Jul 26, 2024 Direct F1, F2

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 -130K -50% $0.00 130K Jul 26, 2024 Common Stock 130K Direct F3
transaction TLRY Restricted Stock Units Award $0 +124K $0.00 124K Jul 30, 2024 Common Stock 124K Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 26, 2024, a total of 129,534 RSUs vested. RSUs vested. Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock.
F2 Amount includes shares of Tilray Common Stock beneficially owned by the reporting person but excludes other unvested RSUs.
F3 Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Common Stock.
F4 Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Common Stock. Grant was effective as of close of trading on July 30, 2024.
F5 Subject to the reporting person's continuous service, the restricted stock units shall vest one (1) year from the date of grant, with accelerated vesting solely upon death or disability prior to such date. In the event of a voluntary resignation by the reporting person prior to the vesting date, all restricted stock units will be forfeited.
F6 Amount represents the total amount of unvested RSUs and underlying shares of Tilray Common Stock.