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: 6/5/2023ACC: 0001171843-23-003767
Officer· Chief Financial Officer
Since Apr 2021
-54.66K
Net shares
Net seller
$92.9K
Total sold
0
Open market trades
0B · 0S
4
Total transactions
108.97K acquired · 163.63K disposed
Non-Derivative Transactions2
Common Stock (RSUs)
Direct
Shares
+108.97K
Price / share
$1.70
Trade value
$185.25K
% of position
40.6%
6/1/2023
268.18K→377.15K
Common Stock (RSUs)
Direct
Shares
−54.66K
Price / share
$1.70
Trade value
$92.92K
% of position
14.5%
6/1/2023
377.15K→322.49K
Total
Net shares
+54.31K
Net value
$92.33K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock (RSUs) Direct | 6/1/2023 | M · Option Exercise | +108.97K | $1.70 | $185.25K | 40.6% | 268.18K | 377.15K |
| Common Stock (RSUs) Direct | 6/1/2023 | F · Tax Withholding | −54.66K | $1.70 | $92.92K | 14.5% | 377.15K | 322.49K |
| Total | +54.31K | $92.33K | ||||||
Derivative Transactions2
Restricted Stock Units ("2021 LTIP RSUs")
Direct
Converts to
Common Stock
16.22K shares
Shares
−16.22K
Strike price
Held after
16.22K
Exercisable
—
6/1/2023
Restricted Stock Units ("2022 LTIP RSUs")
Direct
Converts to
Common Stock
92.75K shares
Shares
−92.75K
Strike price
Held after
92.75K
Exercisable
—
6/1/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units ("2021 LTIP RSUs") Direct | Common Stock16.22K shares | 6/1/2023 | D · Disposition | −16.22K | — | 16.22K | |
| Restricted Stock Units ("2022 LTIP RSUs") Direct | Common Stock92.75K shares | 6/1/2023 | D · Disposition | −92.75K | — | 92.75K |