Jon Levin - Apr 30, 2021 Form 4 Insider Report for Tilray, Inc. (TLRY)

Role
Chief Operating Officer
Signature
/s/ Jon Levin
Stock symbol
TLRY
Transactions as of
Apr 30, 2021
Transactions value $
-$1,358,351
Form type
4
Date filed
5/10/2021, 09:21 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRY Class 2 Common Stock Options Exercise +66.6K +140.93% 114K Apr 30, 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability -$593K -34.9K -30.66% $16.99* 79K May 3, 2021 Direct
transaction TLRY Class 2 Common Stock Options Exercise +29.1K +36.89% 108K Apr 30, 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability -$260K -15.3K -14.13% $16.99* 92.9K May 3, 2021 Direct
transaction TLRY Class 2 Common Stock Options Exercise +56.7K +61.1% 150K Apr 30, 2021 Direct F1
transaction TLRY Class 2 Common Stock Tax liability -$505K -29.7K -19.88% $16.99* 120K May 3, 2021 Direct

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 -66.6K -100% $0.00* 0 Apr 30, 2021 Class 2 Common Stock 66.6K Direct F1, F2
transaction TLRY Restricted Stock Units Options Exercise $0 -29.1K -100% $0.00* 0 Apr 30, 2021 Class 2 Common Stock 29.1K Direct F1, F2
transaction TLRY Restricted Stock Units Options Exercise $0 -56.7K -100% $0.00* 0 Apr 30, 2021 Class 2 Common Stock 56.7K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jon Levin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") convert into shares of Tilray, Inc., Class 2 Common Stock on a one-for-one basis.
F2 RSUs granted to the reporting person were accelerated and became fully vested on April 30, 2021.