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4//SEC Filing

Edwards Douglas A 4

Accession 0000950170-24-111463

CIK 0001340476other

Filed

Oct 1, 8:00 PM ET

Accepted

Oct 2, 4:12 PM ET

Size

6.2 KB

Accession

0000950170-24-111463

Insider Transaction Report

Form 4
Period: 2024-09-30
Transactions
  • Award

    Deferred Share Unit

    2024-09-30$0.52/sh+54,088$28,126717,019 total
    Common Shares (54,088 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
  • [F2]The price used to calculate the number of DSUs granted was C$0.70, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on September 27, 2024. The price was converted using the Bank of Canada exchange rate for September 27, 2024 of C$1.3499 = US$1.00

Documents

1 file

Issuer

DIRTT ENVIRONMENTAL SOLUTIONS LTD

CIK 0001340476

Entity typeother

Related Parties

1
  • filerCIK 0001895807

Filing Metadata

Form type
4
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 4:12 PM ET
Size
6.2 KB