4//SEC Filing
Edwards Douglas A 4
Accession 0000899243-23-017426
CIK 0001340476other
Filed
Jul 17, 8:00 PM ET
Accepted
Jul 18, 1:11 PM ET
Size
13.0 KB
Accession
0000899243-23-017426
Insider Transaction Report
Form 4
Edwards Douglas A
Director
Transactions
- Award
Deferred Share Unit
2023-06-30$28150.74/sh+103,495$2,913,460,836→ 328,954 total→ Common Shares (103,495 underlying)
Footnotes (2)
- [F1]Each deferred share unit ("DSU") was granted pursuant to the DIRTT Environmental Solutions Ltd. Amended and Restated Long Term Incentive Plan and is the economic equivalent of one common share (a "Common Share") of DIRTT Environmental Solutions Ltd. (the "Issuer"). All DSUs settle following the cessation of service and employment with the Issuer (the "Termination Date"). For directors who are subject to taxation in the United States ("US Directors"), the DSUs will settle no later than forty days following the Termination Date. Each DSU will be settled in one Common Share or in the cash equivalent of such Common Shares, calculated based on the closing price of the Common Shares on the day prior to the 30th day following separation from service for US Directors on the stock exchange which has the greatest trading volume of Common Shares for the previous six months.
- [F2]The price used to calculate the number of DSUs granted was $0.272, which was the closing price Issuer's Common Shares as reported on the NASDAQ Stock Exchange on June 29, 2023.
Issuer
DIRTT ENVIRONMENTAL SOLUTIONS LTD
CIK 0001340476
Entity typeother
Related Parties
1- filerCIK 0001895807
Filing Metadata
- Form type
- 4
- Filed
- Jul 17, 8:00 PM ET
- Accepted
- Jul 18, 1:11 PM ET
- Size
- 13.0 KB