0001104659-23-105304.txt : 20230929 0001104659-23-105304.hdr.sgml : 20230929 20230929160536 ACCESSION NUMBER: 0001104659-23-105304 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230829 FILED AS OF DATE: 20230929 DATE AS OF CHANGE: 20230929 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kelly Nathaniel Christopher CENTRAL INDEX KEY: 0001956307 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-56422 FILM NUMBER: 231295503 MAIL ADDRESS: STREET 1: 2801 E. CAMELBACK ROAD #180 CITY: PHOENIX STATE: AZ ZIP: 85016 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TILT Holdings Inc. CENTRAL INDEX KEY: 0001761510 STANDARD INDUSTRIAL CLASSIFICATION: CIGARETTES [2111] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: SUITE 2200, 885 WEST GEORGIA STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 3E8 BUSINESS PHONE: (647) 777-1713 MAIL ADDRESS: STREET 1: SUITE 2200, 885 WEST GEORGIA STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 3E8 4 1 tm2327261-1_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2023-08-29 0 0001761510 TILT Holdings Inc. TLLTF 0001956307 Kelly Nathaniel Christopher C/O TILT HOLDINGS INC. 2801 E. CAMELBACK ROAD #180 PHOENIX AZ 85016 0 1 0 0 Chief Revenue Officer 0 Common Shares, no par value 2023-08-29 4 M 0 140625 0.00 A 140625 D Common Shares, no par value 2023-08-29 4 F 0 33007 0.0294 D 107618 D Restricted Share Units 2023-08-29 4 A 0 562500 0.00 A Common Shares, no par value 562500 562500 D Restricted Share Units 0.00 2023-08-29 4 M 0 140625 0.00 D Common Shares, no par value 140625 421875 D Represents common shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting and net settlement of restricted share units ("RSU") and does not represent a sale by the Reporting Person. The price provided in this column was calculated based on the closing price of the Issuer's common shares on Cboe Canada formerly known as the NEO Exchange on August 29, 2023 which was CAD$0.04. The share price of CAD$0.04 was converted to U.S. dollars using the exchange rate provided by the Bank of Canada of USD$1.00= CAD$1.3593 on August 29, 2023. Each RSU is equivalent in value to one share of the Issuer's common shares, no par value. 140,625 RSUs vested on August 29, 2023, 140,625 RSUs will vest on March 1, 2024, 140,625 RSUs will vest on March 1, 2025 and 140,625 RSUs will vest on March 1, 2026, subject to the Reporting Person's continued employment with the Issuer on each vesting date. RSUs do not expire; they either vest or are cancelled. /s/ Mark Higgins as attorney-in-fact for Nathaniel Christopher Kelly 2023-09-29