4//SEC Filing
Harkness Stephanie 4
Accession 0001654954-22-000171
CIK 0001838128other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 9:29 PM ET
Size
16.6 KB
Accession
0001654954-22-000171
Insider Transaction Report
Form 4
Lowell Farms Inc.LOWLF
Harkness Stephanie
Director
Transactions
- Exercise/Conversion
Subordinate Voting Shares
2021-12-31+75,000→ 135,000 total - Exercise/Conversion
Restricted Stock Units
2021-12-31−75,000→ 0 total→ Subordinate Voting Shares (75,000 underlying)
Holdings
- 22,500
Warrants (right to buy Class B Common Shares)
Exercise: $1.02From: 2016-03-15Exp: 2026-03-15→ Subordinate Voting Shares (22,500 underlying) - 482,667(indirect: By Immediate Family Member)
Class B Common Shares
→ Subordinate Voting Shares (482,667 underlying) - 190,231(indirect: By Trust)
Class B Common Shares
→ Subordinate Voting Shares (190,231 underlying) - 245,724(indirect: By Trust)
Warrants (right to buy Class B Common Shares)
Exercise: $2.03From: 2016-10-31Exp: 2026-12-20→ Subordinate Voting Shares (245,724 underlying) - 811,104
Class B Common Shares
→ Subordinate Voting Shares (811,104 underlying) - 10,000
Stock options (right to buy)
Exercise: $2.03From: 2018-07-18Exp: 2024-07-18→ Subordinate Voting Shares (10,000 underlying) - 155,000
Warrants (right to buy Class B Common Shares)
Exercise: $2.03From: 2018-08-28Exp: 2023-08-28→ Subordinate Voting Shares (155,000 underlying)
Footnotes (5)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one Subordinate Voting Share on the vesting date.
- [F2]The RSUs vested on December 31, 2021.
- [F3]Class B Common Shares of Indus Holding Company ("Class B Common Shares") may be redeemed at the option of the holder for Subordinate Voting Shares of the issuer on a one-for-one basis or, at the option of Indus Holding Company, for the cash equivalent of such Subordinate Voting Shares, as determined in accordance with the certificate of incorporation of Indus Holding Company. Class B Common Shares may be redeemed at any time and have no expiration date.
- [F4]Ms. Harkness disclaims beneficial ownership of the Class B Common Shares and warrants held by the Harkness Family Trust except to the extent of her pecuniary interest therein.
- [F5]The shares are held of record by Ms. Harkness's spouse. Ms. Harkness disclaims beneficial ownership of such shares.
Documents
Issuer
Lowell Farms Inc.
CIK 0001838128
Entity typeother
Related Parties
1- filerCIK 0001861512
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 9:29 PM ET
- Size
- 16.6 KB