X0306
4
2020-07-01
0
0001731348
Tilray, Inc.
TLRY
0001746080
Auerbach Michael
1100 MAUGHAN ROAD
NANAIMO
A1
V9X IJ2
BRITISH COLUMBIA, CANADA
1
0
0
0
Class 2 Common Stock
2020-07-01
4
M
0
2187
A
395443
D
Class 2 Common Stock
75525
I
By: M3 Daat LLC
Class 2 Common Stock
1494632
I
By: Murphy Ofutt Common LLC
Class 2 Common Stock
128319
I
By: Murphy Ofutt LLC
Restricted Stock Units
2020-07-01
4
M
0
2187
0.00
D
2020-07-01
Class 2 Common Stock
2187
15313
D
Each restricted stock unit ("RSU") converted into one share of Class 2 Common Stock.
Mr. Auerbach is a member of M3 Daat, LLC and has sole voting and investment power with respect to the shares held by M3 Daat, LLC.
Mr. Auerbach serves as General Partner of Murphy Ofutt Common, LLC, a multi-member limited liability company. Mr. Auerbach has sole voting and investment power with respect to the shares held by Murphy Ofutt Common, LLC
Mr. Auerbach serves as General Partner of Murphy Ofutt, LLC, a multi-member limited liability company. Mr. Auerbach has sole voting and investment power with respect to the shares held by Murphy Ofutt, LLC.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class 2 Common Stock.
The RSUs shall vest at the rate of 25% of the RSUs on the twelve (12) month anniversary of April 1, 2018 (the "Vesting Date"), and the remaining RSUs will vest quarterly thereafter at the rate of 6.25% of the total number of RSUs on each quarterly anniversary of the Vesting Commencement Date thereafter 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.
/s/ Sandra Dennis, Attorney-in-fact
2020-07-06