4//SEC Filing
Khan Fareeha 4
Accession 0000950170-24-040189
CIK 0001340476other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 4:21 PM ET
Size
14.2 KB
Accession
0000950170-24-040189
Insider Transaction Report
Form 4
Khan Fareeha
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Share Units
2024-03-01−1,798→ 1,798 total→ Common Shares (1,798 underlying) - Exercise/Conversion
Common Shares
2024-03-01+1,446→ 69,697 total - Exercise/Conversion
Common Shares
2024-03-01−1,798→ 70,690 total - Exercise/Conversion
Restricted Share Units
2024-03-01−1,446→ 0 total→ Common Shares (1,446 underlying) - Tax Payment
Common Shares
2024-03-01$0.49/sh−805$394→ 68,892 total - Tax Payment
Common Shares
2024-03-01$0.49/sh−1,000$490→ 69,690 total
Footnotes (3)
- [F1]On March 1, 2021, the reporting person was granted 4,337 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share of the Issuer or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share. One-third of the RSUs vested on March 1, 2024 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
- [F2]The price used to calculate March 1, RSU vesting was C$0.67, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on February 29, 2024. The price was converted using the Bank of Canada exchange rate for February 29, 2024 of C$1.3570 = US$1.00.
- [F3]On March 1, 2022, the reporting person was granted 5,394 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share of the Issuer or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share. One-third of the RSUs vested on March 1, 2024 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
Documents
Issuer
DIRTT ENVIRONMENTAL SOLUTIONS LTD
CIK 0001340476
Entity typeother
Related Parties
1- filerCIK 0001991412
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 4:21 PM ET
- Size
- 14.2 KB