Urban Benjamin Nicholas 4
4 · DIRTT ENVIRONMENTAL SOLUTIONS LTD · Filed Aug 16, 2024
Insider Transaction Report
Form 4
Urban Benjamin Nicholas
DirectorChief Executive Officer
Transactions
- Award
Restricted Share Units
2024-08-14+1,500,000→ 1,500,000 total→ Common Shares (1,500,000 underlying) - Award
Restricted Share Units
2024-08-14+300,000→ 300,000 total→ Common Shares (300,000 underlying)
Footnotes (2)
- [F1]On August 14, 2024, the reporting person was granted 1,500,000 RSUs vesting on August 14, 2026. 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.
- [F2]On August 14, 2024, the reporting person was granted 300,000 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.