Filing Details

Accession Number:
0001209191-19-025198
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-04-17 21:28:20
Reporting Period:
2019-04-15
Accepted Time:
2019-04-17 21:28:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1731348 Tilray Inc. TLRY () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1247157 Mark Castaneda 1100 Maughan Road
Nanaimo A1 V9X IJ2
Cfo, Secretary, Treasurer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class 2 Common Stock Acquisiton 2019-04-15 10,000 $7.76 18,205 No 4 M Direct
Class 2 Common Stock Disposition 2019-04-15 10,000 $51.72 8,205 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class 2 Common Stock Stock Option (Right to Buy) Disposition 2019-04-15 10,000 $0.00 10,000 $7.76
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
520,000 2028-05-20 No 4 M Direct
Footnotes
  1. The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.62 to $51.94, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote 3 to this Form 4.
  4. The shares vest at a rate of 50% of the total shares on July 18, 2019 (the "Vesting Date"), with the remaining 50% of the total shares vesting upon the one-year anniversary of the Vesting Date, provided that the Reporting Person remains in Continuous Service (as defined in the Company's 2018 Equity Incentive Plan) until such date.