Pastorius Edward Wood JR 4
4 · Tilray, Inc. · Filed Oct 5, 2020
Insider Transaction Report
Form 4
Tilray, Inc.TLRY
Pastorius Edward Wood JR
Chief Revenue Officer
Transactions
- Exercise/Conversion
Class 2 Common Stock
2020-10-01+6,250→ 117,992 total - Exercise/Conversion
Restricted Stock Units
2020-10-01−6,250→ 6,250 total→ Class 2 Common Stock (6,250 underlying) - Tax Payment
Class 2 Common Stock
2020-10-01−1,812→ 116,180 total
Holdings
- 49,985(indirect: By LLC)
Class 2 Common Stock
- 41,015(indirect: By Trust)
Class 2 Common Stock
Footnotes (6)
- [F1]Each restricted stock unit ("RSU") converted into one share of the Issuer's Class 2 Common Stock.
- [F2]Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations in connection with the vesting of the RSU.
- [F3]The shares are held directly by Canna Enterprises, LLC. The Reporting Person is manager of Canna Enterprises, LLC and has voting and investment power with respect to the shares held by Canna Enterprises, LLC.
- [F4]The shares are held directly by WP Investment Remainder Trust. The Reporting Person is the trustee and beneficiary of WP Investment Remainder Trust and has voting and investment power with respect to the shares held by WP Investment Remainder Trust.
- [F5]Each RSU represents a contingent right to receive one share of the Issuer's Class 2 Common Stock.
- [F6]The remaining RSUs will vest quarterly at a rate of 6.25% of the total number of RSUs on each quarterly anniversary of January 1, 2017 (the "Vesting Date") for so long as the Reporting Person remains in Continuous Service (as defined in the Company's 2018 Equity Incentive Plan), such that the total number of RSUs shall be fully vested on the four-year anniversary of the Vesting Date.