4//SEC Filing
Khan Fareeha 4
Accession 0000950170-25-033971
CIK 0001340476other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 6:31 PM ET
Size
8.8 KB
Accession
0000950170-25-033971
Insider Transaction Report
Form 4
Khan Fareeha
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Shares
2025-03-03+1,798→ 175,848 total - Tax Payment
Common Shares
2025-03-03$0.71/sh−950$675→ 174,898 total - Exercise/Conversion
Restricted Share Units
2025-03-03−1,798→ 0 total→ Common Shares (1,798 underlying)
Footnotes (2)
- [F1]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 3, 2025 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
- [F2]The price used to calculate the March 1, 2025 RSU vesting was C$1.02, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on February 28, 2025. The price was converted using the Bank of Canada exchange rate for March 3, 2025 of C$1.4428 = US$1.00.
Documents
Issuer
DIRTT ENVIRONMENTAL SOLUTIONS LTD
CIK 0001340476
Entity typeother
Related Parties
1- filerCIK 0001991412
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 6:31 PM ET
- Size
- 8.8 KB