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: 30 Jul 2024, 18:35.
Irwin D. Simon - 26 Jul 2024 Form 4 Insider Report for Tilray Brands, Inc. (TLRY)
- Reporting relationship
- President and CEO
- Issuer ticker
- TLRY
- Reported as of
- 26 Jul 2024
- Net transaction value
- +$80,322
- SEC form
- 4
- Accepted by SEC
- 30 Jul 2024, 18:35:38 UTC
- Prior SEC filing
- 14 Jun 2024
- Next SEC filing
- 02 Aug 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Carl A. Merton, as Attorney-in-Fact for Irwin D. Simon
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Irwin D. Simon filed Form 4 for Tilray Brands, Inc. (TLRY) on 30 Jul 2024.
Change
- Previous filing in this sequence was filed on 14 Jun 2024.
- Current net transaction value: +$80,322.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
TLRY
transaction
Common Stock
Options Exercise
- Transaction value
- $179,695
- Shares
- +98,194
- Change %
- +3.4%
- Price
- $1.83
- Shares after
- 2,985,109
- Date
- 26 Jul 2024
- Ownership
- Direct
- Footnotes
- F1, F2
TLRY
transaction
Common Stock
Tax liability
- Transaction value
- $99,373
- Shares
- -54,302
- Change %
- -1.8%
- Price
- $1.83
- Shares after
- 2,930,807
- Date
- 26 Jul 2024
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TLRY
transaction
Derivative
Performance-Based Restricted Stock Units ("2021 PSUs")
Options Exercise
- Transaction value
- $0
- Shares
- -98,194
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 26 Jul 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 98,194
- Exercise price
- Footnotes
- F4
TLRY
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +2,352,935
- Change %
- Price
- $0.000000
- Shares after
- 2,352,935
- Date
- 26 Jul 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,352,935
- Exercise price
- Footnotes
- F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
On July 26, 2021, the reporting person was granted 48,662 of 2021 PSUs, with vesting subject to the achievement of certain pre-established performance parameters relating to the achievement of Tilray's synergy goals resulting from the integration of Aphria, Inc. The underlying performance condition was satisfied, and an amount equal to 25% of these 2021 PSUs vested (12,166) on July 26, 2024.
Footnote F2
Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested RSUs or PSUs.
Footnote F3
Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 12,166 2021 PSUs previously granted on June 26, 2021.
Footnote F4
Each unit represents a contingent right to receive one (1) share of Tilray Common Stock.
Footnote F5
Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of Common Stock. Grant date is based on close of trading on July 30, 2024.
Footnote F6
Subject to the reporting person's continuous employment through the vesting date, the 2024 LTIP RSUs shall vest in two (2) equal annual installments, commencing on July 26, 2025, and July 26, 2026, except in the case of the reporting person's earlier voluntary resignation, death or disability. In the event of a voluntary resignation by the reporting person prior to the vesting date, all RSUs will be forfeited.