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: 6/3/2024ACC: 0001171843-24-003249
Officer· Chief Financial Officer
Since Apr 2021
-130.84K
Net shares
Net seller
$235.5K
Total sold
0
Open market trades
0B · 0S
5
Total transactions
283.45K acquired · 414.30K disposed
Non-Derivative Transactions2
Common Stock (RSUs)
Direct
Shares
+283.45K
Price / share
$1.80
Trade value
$510.22K
% of position
62.9%
6/3/2024
450.32K→733.78K
Common Stock (RSUs)
Direct
Shares
−130.84K
Price / share
$1.80
Trade value
$235.52K
% of position
17.8%
6/3/2024
733.78K→602.94K
Total
Net shares
+152.61K
Net value
$274.70K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock (RSUs) Direct | 6/3/2024 | M · Option Exercise | +283.45K | $1.80 | $510.22K | 62.9% | 450.32K | 733.78K |
| Common Stock (RSUs) Direct | 6/3/2024 | F · Tax Withholding | −130.84K | $1.80 | $235.52K | 17.8% | 733.78K | 602.94K |
| Total | +152.61K | $274.70K | ||||||
Derivative Transactions3
Restricted Stock Units ("2021 LTIP RSUs")
Direct
Converts to
Common Stock
16.22K shares
Shares
−16.22K
Strike price
Held after
12.17K
Exercisable
—
6/1/2024
Restricted Stock Units ("2022 LTIP RSUs")
Direct
Converts to
Common Stock
92.75K shares
Shares
−92.75K
Strike price
Held after
0.00
Exercisable
—
6/1/2024
Restricted Stock Units ("2023 LTIP RSUs")
Direct
Converts to
Common Stock
174.48K shares
Shares
−174.48K
Strike price
Held after
174.48K
Exercisable
—
6/1/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units ("2021 LTIP RSUs") Direct | Common Stock16.22K shares | 6/1/2024 | D · Disposition | −16.22K | — | 12.17K | |
| Restricted Stock Units ("2022 LTIP RSUs") Direct | Common Stock92.75K shares | 6/1/2024 | D · Disposition | −92.75K | — | 0.00 | |
| Restricted Stock Units ("2023 LTIP RSUs") Direct | Common Stock174.48K shares | 6/1/2024 | D · Disposition | −174.48K | — | 174.48K |