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: 8/2/2023ACC: 0001171843-23-004906
Officer· Chief Financial Officer
Since Apr 2021
-301.00
Net shares
Net seller
$238.4K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
187.85K acquired · 188.15K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+187.85K
Price / share
$2.53
Trade value
$475.27K
% of position
55.8%
7/31/2023
336.70K→524.55K
Common Stock
Direct
Shares
−94.23K
Price / share
$2.53
Trade value
$238.39K
% of position
18.0%
7/31/2023
524.55K→430.32K
Total
Net shares
+93.63K
Net value
$236.87K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 7/31/2023 | M · Option Exercise | +187.85K | $2.53 | $475.27K | 55.8% | 336.70K | 524.55K |
| Common Stock Direct | 7/31/2023 | F · Tax Withholding | −94.23K | $2.53 | $238.39K | 18.0% | 524.55K | 430.32K |
| Total | +93.63K | $236.87K | ||||||
Derivative Transactions1
Performance-Based Restricted Stock Units ("2022 PSUs")
Direct
Converts to
Common Stock
93.93K shares
Shares
−93.93K
Strike price
Held after
93.93K
Exercisable
—
7/31/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock Units ("2022 PSUs") Direct | Common Stock93.93K shares | 7/31/2023 | M · Option Exercise | −93.93K | — | 93.93K |