0001209191-20-052488.txt : 20200930
0001209191-20-052488.hdr.sgml : 20200930
20200930175022
ACCESSION NUMBER: 0001209191-20-052488
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200930
FILED AS OF DATE: 20200930
DATE AS OF CHANGE: 20200930
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Greenwood Maryscott
CENTRAL INDEX KEY: 0001746224
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38594
FILM NUMBER: 201213562
MAIL ADDRESS:
STREET 1: 2409 NORTH OTTAWA STREET
CITY: ARLINGTON
STATE: VA
ZIP: 22205
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Tilray, Inc.
CENTRAL INDEX KEY: 0001731348
STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1100 MAUGHAN ROAD
CITY: NANAIMO
STATE: A1
ZIP: V9X 1J2
BUSINESS PHONE: 2064329325
MAIL ADDRESS:
STREET 1: 1100 MAUGHAN ROAD
CITY: NANAIMO
STATE: A1
ZIP: V9X 1J2
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-09-30
1
0001731348
Tilray, Inc.
TLRY
0001746224
Greenwood Maryscott
1100 MAUGHAN ROAD
NANAIMO
A1
V9X IJ2
BRITISH COLUMBIA, CANADA
1
0
0
0
Class 2 Common Stock
2020-09-30
4
M
0
15313
A
31704
D
Class 2 Common Stock
2020-09-30
4
M
0
15383
A
47087
D
Restricted Stock Units
2020-09-30
4
A
0
15313
0.00
D
2020-09-30
Class 2 Common Stock
15313
0
D
Restricted Stock Units
2020-09-30
4
A
0
15383
0.00
D
2020-09-30
Class 2 Common Stock
15383
0
D
Each restricted stock unit ("RSU") converted into one share of Class 2 Common Stock.
Each 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 June 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 Date thereafter for so long as the Reporting Person remains in Continuous Service (as defined in the Issuer'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.
Pursuant to a Separation Agreement, dated August 6, 2020, between the Issuer and the Reporting Person, effective as of September 30, 2020, all unvested shares subject to the RSU vested.
The RSUs shall vest in full upon the earlier of (1) the date of the 2021 Annual Meeting of Stockholders of the Issuer and (2) the one-year anniversary of May 28, 2020 so long as the Reporting Person remains in Continuous Service (as defined in the Issuer's 2018 Equity Incentive Plan), through such vesting date.
Pursuant to a Separation Agreement, dated August 6, 2020, between the Issuer and the Reporting Person, (1) 10,989 shares subject to the RSU were forfeited for no consideration on August 6, 2020, and (2) 15,383 shares subject to the RSU vested as of September 30, 2020.
/s/ Alan Hambelton, Attorney-in-fact
2020-09-30