Khan Fareeha 4
4 · DIRTT ENVIRONMENTAL SOLUTIONS LTD · Filed Jun 10, 2025
Insider Transaction Report
Form 4
Khan Fareeha
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Share Units
2025-06-09−25,000→ 25,000 total→ Common Shares (25,000 underlying) - Exercise/Conversion
Common Shares
2025-06-09+25,000→ 229,025 total - Tax Payment
Common Shares
2025-06-09$0.62/sh−12,466$7,729→ 216,559 total
Footnotes (2)
- [F1]On June 7, 2023, the reporting person was granted 75,000 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. One-third of the RSUs vested on June 9, 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 June 7 RSU vesting was C$0.85, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on June 6, 2025. The price was converted using the Bank of Canada exchange rate for June 6, 2025 of C$1.3690 = US$1.00.