4//SEC Filing
HUNTER RICHARD J 4
Accession 0000950170-24-040195
CIK 0001340476other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 4:23 PM ET
Size
8.8 KB
Accession
0000950170-24-040195
Insider Transaction Report
Form 4
HUNTER RICHARD J
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Shares
2024-03-31+150,000→ 1,060,714 total - Tax Payment
Common Shares
2024-03-31$0.52/sh−72,269$37,580→ 988,445 total - Exercise/Conversion
Restricted Share Units
2024-03-31−150,000→ 0 total→ Common Shares (150,000 underlying)
Footnotes (2)
- [F1]On June 7, 2023, the reporting person was granted 150,000 RSUs, vesting March 31, 2024. 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. The RSUs vested on March 31, 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 31, 2024 RSU vesting was C$0.70, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on March 27, 2024. The price was converted using the Bank of Canada exchange rate for March 27, 2024 of C$1.3587 = US$1.00
Documents
Issuer
DIRTT ENVIRONMENTAL SOLUTIONS LTD
CIK 0001340476
Entity typeother
Related Parties
1- filerCIK 0001742843
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 4:23 PM ET
- Size
- 8.8 KB