Robinson Scott L 4
4 · DIRTT ENVIRONMENTAL SOLUTIONS LTD · Filed Jan 8, 2024
Insider Transaction Report
Form 4
Robinson Scott L
Director
Transactions
- Exercise of In-Money
Common Shares
2024-01-05$0.27/sh+10,469$2,827→ 273,269 total - Exercise of In-Money
Subscription Rights (right to buy)
2024-01-05−12,800→ 250,000 totalExercise: $0.27From: 2023-12-15Exp: 2024-01-05→ Common Shares (10,469 underlying)
Footnotes (3)
- [F1]Represents the number of common shares of the issuer that the reporting person purchased in the issuer's rights offering pursuant to the exercise of his basic subscription rights. The closing of the rights offering and the issuance of the common shares of the issuer is expected to be on or about January 9, 2024.
- [F2]The effective purchase price of the common shares of the issuer underlying the subscription rights issued in connection with the issuer's rights offering is C$0.35 per one common share. The reported price was calculated using the exchange rate of US$1.00 equals C$1.3202 as of December 29, 2023, as announced by the Federal Reserve Bank on January 2, 2024.
- [F3]Each subscription right is exercisable for 0.81790023 common shares of the issuer. The number of common shares of the issuer reported in Column 7 is rounded down to the nearest whole number. The subscription rights are only exercisable for whole common shares of the issuer.