Michael C. Kruteck - 30 Apr 2021 Form 4 Insider Report for Tilray, Inc. (TLRY)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
17 May 2021, 16:15:28 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Kruteck

Key filing fact

Michael C. Kruteck filed Form 4 for Tilray, Inc. (TLRY) on 17 May 2021.

Key facts

  • This page summarizes Michael C. Kruteck's Form 4 filing for Tilray, Inc. (TLRY).
  • 9 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 17 May 2021, 16:15.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$1,227,494.

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

Class 2 Common Stock

Options Exercise

Transaction value
Shares
+29,143
Change %
+60%
Price
Shares after
77,572
Date
30 Apr 2021
Ownership
Direct
Footnotes
F1
TLRY transaction

Class 2 Common Stock

Tax liability

Transaction value
$240,137
Shares
-14,134
Change %
-18%
Price
$16.99*
Shares after
63,438
Date
30 Apr 2021
Ownership
Direct
TLRY transaction

Class 2 Common Stock

Options Exercise

Transaction value
Shares
+66,640
Change %
+105%
Price
Shares after
130,078
Date
30 Apr 2021
Ownership
Direct
Footnotes
F1
TLRY transaction

Class 2 Common Stock

Tax liability

Transaction value
$549,083
Shares
-32,318
Change %
-25%
Price
$16.99*
Shares after
97,760
Date
30 Apr 2021
Ownership
Direct
TLRY transaction

Class 2 Common Stock

Options Exercise

Transaction value
Shares
+53,192
Change %
+54%
Price
Shares after
150,952
Date
30 Apr 2021
Ownership
Direct
Footnotes
F1
TLRY transaction

Class 2 Common Stock

Tax liability

Transaction value
$438,274
Shares
-25,796
Change %
-17%
Price
$16.99*
Shares after
125,156
Date
30 Apr 2021
Ownership
Direct

Reported derivative securities

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

TLRY transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-29,143
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 Apr 2021
Ownership
Direct
Underlying class
Class 2 Common Stock
Underlying amount
29,143
Exercise price
Footnotes
F1, F2
TLRY transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-66,640
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 Apr 2021
Ownership
Direct
Underlying class
Class 2 Common Stock
Underlying amount
66,640
Exercise price
Footnotes
F1, F2
TLRY transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-53,192
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 Apr 2021
Ownership
Direct
Underlying class
Class 2 Common Stock
Underlying amount
53,192
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Michael C. Kruteck is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Restricted Stock Units ("RSUs") convert into shares of Tilray, Inc. Class 2 Common Stock on a one-for-one basis.

Footnote F2

RSUs granted to the reporting person were accelerated and became fully vested on April 30, 2021.

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