Jodi H. Butts - 26 Jul 2024 Form 4 Insider Report for Tilray Brands, Inc. (TLRY)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
30 Jul 2024, 18:32:28 UTC
Prior SEC filing
24 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Carl A. Merton, as Attorney-in-Fact for Jodi H. Butts

Key filing fact

Jodi H. Butts filed Form 4 for Tilray Brands, Inc. (TLRY) on 30 Jul 2024.

Key facts

  • This page summarizes Jodi H. Butts'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, 18:32.

Change

  • Previous filing in this sequence was filed on 24 Jun 2024.
  • Current net transaction value: +$118,167.

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
$237,047
Shares
+129,534
Change %
+270%
Price
$1.83
Shares after
177,464
Date
26 Jul 2024
Ownership
Direct
Footnotes
F1, F2
TLRY transaction

Common Stock

Tax liability

Transaction value
$118,880
Shares
-64,962
Change %
-37%
Price
$1.83
Shares after
112,502
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

Restricted Stock Units

Disposed to Issuer

Transaction value
$0
Shares
-129,534
Change %
-100%
Price
$0.000000*
Shares after
0
Date
26 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
129,534
Exercise price
Footnotes
F4
TLRY transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+124,378
Change %
Price
$0.000000
Shares after
124,378
Date
30 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
124,378
Exercise price
Footnotes
F5, F6, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

On July 26, 2023, a total of 129,534 RSUs vested. Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock.

Footnote F2

Amount includes shares of Tilray Common Stock beneficially owned by the reporting person but excludes other unvested RSUs.

Footnote F3

Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 129,534 RSUs previously granted on July 26, 2023.

Footnote F4

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

Footnote F5

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.

Footnote F6

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.

Footnote F7

Amount represents the total amount of unvested RSUs and underlying shares of Tilray Common Stock.

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