MERTON CARL A (Chief Financial Officer) exercised options at TILRAY BRANDS, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/18/2021ACC: 0001140361-21-017924
Officer· Chief Financial Officer
Since Apr 2021
-36.78K
Net shares
Net seller
$512.3K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
41.50K acquired · 78.28K disposed
Non-Derivative Transactions2
Class 2 Common Stock
Direct
Shares
+41.50K
Price / share
$11.56
Trade value
$479.74K
% of position
24.5%
5/14/2021
169.10K→210.60K
Class 2 Common Stock
Direct
Shares
−36.78K
Price / share
$13.93
Trade value
$512.33K
% of position
17.5%
5/14/2021
210.60K→173.83K
Total
Net shares
+4.72K
Net value
-$32.59K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class 2 Common Stock Direct | 5/14/2021 | M · Option Exercise | +41.50K | $11.56 | $479.74K | 24.5% | 169.10K | 210.60K |
| Class 2 Common Stock Direct | 5/14/2021 | F · Tax Withholding | −36.78K | $13.93 | $512.33K | 17.5% | 210.60K | 173.83K |
| Total | +4.72K | -$32.59K | ||||||
Derivative Transactions1
Employee Stock Option (right to buy)
Direct
Converts to
Class 2 Common Stock
41.50K shares
Shares
−41.50K
Strike price
11.56
Held after
0.00
Exercisable
—
5/14/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) Direct | Class 2 Common Stock41.50K shares | 5/14/2021 | M · Option Exercise | −41.50K | 11.56 | — | 0.00 |