Irwin D. Simon - 31 Jul 2024 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
02 Aug 2024, 16:08:46 UTC
Prior SEC filing
30 Jul 2024
Next SEC filing
05 Aug 2024
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 02 Aug 2024.

Key facts

  • This page summarizes Irwin D. Simon's Form 4 filing for Tilray Brands, Inc. (TLRY).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 02 Aug 2024, 16:08.

Change

  • Previous filing in this sequence was filed on 30 Jul 2024.
  • Current net transaction value: +$640,824.

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

Options Exercise

Transaction value
$1,433,614
Shares
+706,214
Change %
+24%
Price
$2.03
Shares after
3,637,021
Date
31 Jul 2024
Ownership
Direct
Footnotes
F1, F2
TLRY transaction

Common Stock

Tax liability

Transaction value
$792,790
Shares
-390,537
Change %
-11%
Price
$2.03
Shares after
3,246,484
Date
31 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 ("2022 PSUs")

Options Exercise

Transaction value
$0
Shares
-706,214
Change %
-100%
Price
$0.000000*
Shares after
0
Date
31 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
706,214
Exercise price
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

On July 26, 2022, the reporting person was granted 1,412,429 of 2022 PSUs, with vesting subject to the achievement of certain pre-established performance parameters relating to the aggregate EBITDA generated from the HEXO transaction. The underlying performance condition was satisfied, and 706,214 units vested on July 31, 2024.

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 706,214 of 2022 PSUs previously granted on June 26, 2022.

Footnote F4

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

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