SEC Info - Simms D’Angela - ‘4’ for 3/31/23 re: TILT Holdings Inc.

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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3235-0287

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Simms D'Angela

2. Issuer Name and Ticker or Trading Symbol
TILT Holdings Inc. [TLLTF]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director

_____ 10% Owner

_____ Officer (give title below)

_____ Other (specify below)

(Last)

(First)

(Middle)

C/O TILT HOLDINGS INC., 2801 E. CAMELBACK ROAD #180

3. Date of Earliest Transaction (Month/Day/Year)
3/31/23

(Street)

PHOENIX, AZ 85016

4. If Amendment, Date Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Rule 10b5-1(c) Transaction Indication
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security
(Instr. 3)

2. Transaction Date (Month/Day/Year)

2A. Deemed Execution Date, if any (Month/Day/Year)

3. Transaction Code
(Instr. 8)

4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)

5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)

6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)

7. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

Amount

(A) or (D)

Price

Common Shares, no par value

3/31/23

144,122

$ 0

973,858

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Restricted Share Units

$ 0 ⁽¹⁾

3/31/23

144,122

⁽²⁾

⁽³⁾

Common Shares, no par value

144,122

$ 0

144,122

Reporting Owners

Reporting Owner Name / Address

Relationships

Director

10% Owner

Officer

Other

Simms D'Angela
C/O TILT HOLDINGS INC.
2801 E. CAMELBACK ROAD #180
PHOENIX, AZ 85016

Signatures

/s/ Mark Higgins as attorney-in-fact for D'Angela Simms

4/3/23

^**Signature of Reporting Person

Date

Explanation of Responses:

If the form is filed by more than one reporting person, see Instruction 4(b)(v).

Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

(1)

Each restricted share unit ("RSU") is equivalent in value to one share of the Issuer's common shares, no par value, at the time of vesting for no consideration.

(2)

The RSUs vested as to 144,122 shares on March 31, 2023 and 144,122 RSUs will vest on the business day immediately preceding the date of the Issuer's next annual general meeting of shareholders, subject to the Reporting Person continuing as a director on each vesting date.

(3)

RSUs do not expire, they either vest or are cancelled.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

____________ Transaction Code:
M	Exercise or conversion of derivative security exempted pursuant to Rule 16b-3.

Simms D’Angela – ‘4’ for 3/31/23 re: TILT Holdings Inc.

On: Monday, 4/3/23, at 5:05pm ET · For: 3/31/23 · Accession #: 1104659-23-40967 · File #: 0-56422

Previous ‘4’: ‘4’ on 1/4/23 for 12/30/22 · Next: ‘4’ on 6/7/23 for 6/5/23 · Latest: ‘4’ on 11/6/23 for 11/2/23

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34

Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Reporting Owners

Signatures

Explanation of Responses:

Simms D’Angela – ‘4’ for 3/31/23 re: TILT Holdings Inc.

On: Monday, 4/3/23, at 5:05pm ET · For: 3/31/23 · Accession #: 1104659-23-40967 · File #: 0-56422

Previous ‘4’: ‘4’ on 1/4/23 for 12/30/22 · Next: ‘4’ on 6/7/23 for 6/5/23 · Latest: ‘4’ on 11/6/23 for 11/2/23

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Reporting Owners

Signatures

Explanation of Responses:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34

Filing Table of Contents