XML 91 R57.htm IDEA: XBRL DOCUMENT v3.21.2

Stock-based compensation (Tables)

12 Months Ended

May 31, 2021

Tilray 2018 Equity Incentive Plan and Original Plan | EIP Original Plan and Time-based RSU

Schedule of Stock Option Activity

Stock-based activity under the EIP and Original Plan for the year ended May 31, 2021 is as follows:

EIP Time-based stock option activity
		Stock Options				Weighted- average exercise price				Weighted- average remaining contractual term (years)				Aggregate intrinsic value
Balance May 1,			3,182,547			$	14.19				1.7			$	30,331,823
Granted			—				—				—				—
Exercised			(1,665	)			7.76				—				—
Forfeited			(188	)			7.76				—				—
Cancelled			(468	)			65.20				—				—
Balance May 31,			3,180,226			$	14.19				1.3			$	25,171,187
Original plan time-based stock option activity
		Stock Options				Weighted- average exercise price				Weighted- average remaining contractual term (years)				Aggregate intrinsic value
Balance May 1,			946,948				3.99				2				13,777,571
Exercised			(29,403	)			4.71				—				—
Forfeited			—				—				—				—
Cancelled			—				—				—				—
Balance May 31,			917,545			$	3.97				1.7			$	11,885,699
Time-based RSU activity
		Time-based RSUs				Weighted-average grant-date fair value per share				Weighted-average remaining contractual term (years)				Aggregate intrinsic value
Balance May 1,			1,285,134			$	15.70				—				—
Granted			198,521				7.76				—				—
Vested			(112,508	)			12.99				—				—
Forfeited			(165,904	)			11.97				—				—
Cancelled			—				—				—				—
Balance May 31,			1,205,243			$	15.16				—			$	20,091,286

Predecessor Plan | Time-based Stock Options | Aphria

Schedule of Stock Option Activity

Stock option, RSU and DSU activity for the Company under the Predecessor Plan is as follows:

Time-based stock option activity

		May 31, 2021
										Weighted				Weighted
						Weighted				average				average
						average				grant				remaining				Aggregate
		Number of				exercise				date fair				contractual				Intrinsic
		options				price				value				term (years)				Amount
Outstanding, beginning of the year			4,484,051			$	12.04			$	6.24				2.9				(32,781	)
Exercised during the year			(1,073,986	)			8.70			$	4.38			N/A				N/A
Granted during the year			41,500				5.88			$	2.18			N/A				N/A
Forfeited during the year			(884,320	)			14.06			$	7.46			N/A				N/A
Expired during the year			(68,060	)			18.72			$	8.80			N/A				N/A
Outstanding, end of the year			2,499,185			$	12.48			$	6.51				2.4				10,472
Vested and exercisable, end of the year			1,846,090			$	13.53			$	7.16				2.2				5,797

Predecessor Plan | Performance Based Stock Option | Aphria

Schedule of Stock Option Activity

Performance-based stock option activity

		May 31, 2021
										Weighted				Weighted
						Weighted				average				average
						average				grant				remaining				Aggregate
		Number of				exercise				date fair				contractual				Intrinsic
		options				price				value				term (years)				Amount
Outstanding, beginning of the year			398,400			$	8.11			$	3.80			0.6					(1,347	)
Exercised during the year			(166,000	)		$	5.15			$	2.38			N/A				N/A
Granted during the year			—				—				—			N/A				N/A
Forfeited during the year			(232,400	)		$	10.23			$	4.81			N/A				N/A
Expired during the year			—				—				—			N/A				N/A
Outstanding, end of the year			—				—				—				—				—
Vested and exercisable, end of the year			—				—				—				—				—

Predecessor Plan | Time-based and Performance-based RSU | Aphria

Schedule of Time-based and Performance-based RSU Activity

		May 31, 2021
						Weighted								Weighted
						average								average
						grant -								grant -
						date fair				Performance-				date fair
		Time- based				value per				based				value per
		RSUs				share				RSUs				share
Non-vested, beginning of the year			1,588,743			$	7.71				19,335			$	6.01
Granted during the year			2,370,862			$	6.24				—				—
Vested during the year			(1,006,222	)		$	(6.83	)			—				—
Forfeited during the year			(158,411	)		$	(6.68	)			(19,335	)		$	(6.01	)
Non-vested, end of the year			2,794,972			$	6.88				—				—

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_PlanNameAxis=tlry_TilrayTwoThousandAndEighteenEquityIncentivePlanAndOriginalPlanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_AwardTypeAxis=tlry_EIPOriginalPlanAndTimeBasedRSUMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_PlanNameAxis=tlry_PredecessorPlanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_AwardTypeAxis=tlry_TimeBasedStockOptionsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_BusinessAcquisitionAxis=tlry_AphriaMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_AwardTypeAxis=tlry_PerformanceBasedStockOptionMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_AwardTypeAxis=tlry_TimeBasedAndPerformanceBasedRSUMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: