Renah Persofsky - Jun 21, 2023 Form 4 Insider Report for Tilray Brands, Inc. (TLRY)

Role
Director
Signature
/s/ Carl A. Merton, as Attorney-in-Fact for Renah Persofsky
Stock symbol
TLRY
Transactions as of
Jun 21, 2023
Transactions value $
$3,282
Form type
4
Date filed
6/23/2023, 05:05 PM
Previous filing
Jun 7, 2023
Next filing
Jul 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRY Common Stock Options Exercise $6.1K +3.86K +15.95% $1.58 28.1K Jun 21, 2023 Direct F1, F2
transaction TLRY Common Stock Tax liability -$2.81K -1.78K -6.35% $1.58 26.3K Jun 21, 2023 Direct F2, F3

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 -3.86K -50% $0.00 3.86K Jun 21, 2023 Common Stock 3.86K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 21, 2023, a total of 3,858 LTIP RSUs vested. Each LTIP RSU represents a contingent right to receive one (1) share of Tilray Common Stock.
F2 Amount includes shares of Common Stock beneficially owned by the reporting person, but excludes other unvested RSUs.
F3 Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 3,858 LTIP RSUs previously granted on June 21, 2021.
F4 Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Brands, Inc. Common Stock.