PASTORIUS EDWARD WOOD JR (Chief Revenue Officer) exercised options at TILRAY BRANDS, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

PASTORIUS EDWARD WOOD JR

Filed: 7/6/2020ACC: 0001209191-20-041243

InsiderPASTORIUS EDWARD WOOD JRCIK 1746057

→

IssuerTILRAY BRANDS, INC.CIK 1731348

Officer· Chief Revenue Officer

Since Jul 2018

-1.81K

Net shares

Net seller

$12.7K

Total sold

Open market trades

0B · 0S

Total transactions

18.77K acquired · 20.58K disposed

Non-Derivative Transactions4

Class 2 Common Stock

Direct

M · Option Exercise

+6.25K

Price / share

—

Trade value

—

% of position

6.6%

7/1/2020

94.79K→101.04K

Class 2 Common Stock

Direct

F · Tax Withholding

−1.81K

Price / share

$7.01

Trade value

$12.70K

% of position

1.8%

7/1/2020

101.04K→99.23K

Class 2 Common Stock

Direct

M · Option Exercise

+4.69K

Price / share

$5.28

Trade value

$24.76K

% of position

4.7%

7/5/2020

99.23K→103.92K

Class 2 Common Stock

Direct

M · Option Exercise

+7.82K

Price / share

$3.13

Trade value

$24.50K

% of position

7.5%

7/5/2020

103.92K→111.74K

Total

Net shares

+16.95K

Net value

$36.55K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class 2 Common Stock Direct	7/1/2020	M · Option Exercise	+6.25K	—	—	6.6%	94.79K	101.04K
Class 2 Common Stock Direct	7/1/2020	F · Tax Withholding	−1.81K	$7.01	$12.70K	1.8%	101.04K	99.23K
Class 2 Common Stock Direct	7/5/2020	M · Option Exercise	+4.69K	$5.28	$24.76K	4.7%	99.23K	103.92K
Class 2 Common Stock Direct	7/5/2020	M · Option Exercise	+7.82K	$3.13	$24.50K	7.5%	103.92K	111.74K
Total			+16.95K		$36.55K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class 2 Common Stock

6.25K shares

−6.25K

Strike price

Held after

12.50K

Exercisable

—

7/1/2020

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Class 2 Common Stock

4.69K shares

−4.69K

Strike price

5.2754

Held after

11.40K

Exercisable

—

7/5/2020

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Class 2 Common

7.82K shares

−7.82K

Strike price

3.1317

Held after

5.59K

Exercisable

—

7/5/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class 2 Common Stock6.25K shares	7/1/2020	M · Option Exercise	−6.25K		—	12.50K
Stock Option (Right to Buy) Direct	Class 2 Common Stock4.69K shares	7/5/2020	M · Option Exercise	−4.69K	5.2754	—	11.40K
Stock Option (Right to Buy) Direct	Class 2 Common7.82K shares	7/5/2020	M · Option Exercise	−7.82K	3.1317	—	5.59K

Non-Derivative Holdings (Post-Transaction)2

Class 2 Common Stock

Indirect

Shares owned41.02K

Class 2 Common Stock

Indirect

Shares owned49.98K

Total

91K indirect91K

Security Title	Shares Owned	Ownership Type
Class 2 Common Stock	41.02K	Indirect
Class 2 Common Stock	49.98K	Indirect
Total	91K	91K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported