Hirai-Hadley Bryson 4
4 · DIRTT ENVIRONMENTAL SOLUTIONS LTD · Filed Jan 23, 2024
Insider Transaction Report
Form 4
Hirai-Hadley Bryson
Other
Transactions
- Exercise of In-Money
Common Shares
2024-01-09$0.35/sh+1,022$358→ 2,272 total - Exercise of In-Money
Subscription Rights (right to buy)
2024-01-09+1,250→ 0 totalExercise: $0.35From: 2023-12-15Exp: 2024-01-05→ Common Shares (1,022 underlying)
Footnotes (3)
- [F1]The Reporting Person may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding Common Shares. The Reporting Person disclaims beneficial ownership of the securities of the Issuer owned directly by other members of the Section 13(d) group and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]On January 9, 2024, the Issuer announced the results of its CA$30.0 million rights offering (the "Rights Offering"). Each subscription right was exercisable for 0.81790023 Common Shares, rounded down to the nearest whole number, together with oversubscription rights. The Reporting Person exercised his basic subscriptions rights under the Rights Offering in full at a subscription price of CA$0.35 per Common Share.
- [F3]Represents Canadian dollars (C$).