SIMON IRWIN D (President and CEO) 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: 0001171843-23-004905
DirectorOfficer· President and CEO
Since Apr 2021
-74.88K
Net shares
Net seller
$1.98M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
1.41M acquired · 1.49M disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+1.41M
Price / share
$2.53
Trade value
$3.57M
% of position
104.8%
7/31/2023
1.35M→2.76M
Common Stock
Direct
Shares
−781.09K
Price / share
$2.53
Trade value
$1.98M
% of position
28.3%
7/31/2023
2.76M→1.98M
Total
Net shares
+631.33K
Net value
$1.60M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 7/31/2023 | M · Option Exercise | +1.41M | $2.53 | $3.57M | 104.8% | 1.35M | 2.76M |
| Common Stock Direct | 7/31/2023 | F · Tax Withholding | −781.09K | $2.53 | $1.98M | 28.3% | 2.76M | 1.98M |
| Total | +631.33K | $1.60M | ||||||
Derivative Transactions1
Performance-Based Restricted Stock Units ("2022 PSUs")
Direct
Converts to
Common Stock
706.21K shares
Shares
−706.21K
Strike price
Held after
706.21K
Exercisable
—
7/31/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock Units ("2022 PSUs") Direct | Common Stock706.21K shares | 7/31/2023 | M · Option Exercise | −706.21K | — | 706.21K |