4//SEC Filing
McMillin Kelly 4
Accession 0001654954-22-000173
CIK 0001838128other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 9:32 PM ET
Size
11.0 KB
Accession
0001654954-22-000173
Insider Transaction Report
Form 4
Lowell Farms Inc.LOWLF
McMillin Kelly
Chief Compliance Officer
Transactions
- Exercise/Conversion
Subordinate Voting Shares
2022-01-01+8,333→ 10,641 total - Exercise/Conversion
Restricted Stock Units
2022-01-01−8,333→ 16,667 total→ Subordinate Voting Shares (8,333 underlying)
Holdings
- 25,000
Class B Common Shares of Indus Holding Company
→ Subordinate Voting Shares (25,000 underlying) - 75,000
Stock options (right to buy)
Exercise: $2.03Exp: 2023-10-16→ Subordinate Voting Shares (75,000 underlying) - 30,000
Stock options (right to buy)
Exercise: $0.85Exp: 2026-01-01→ Subordinate Voting Shares (30,000 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 vest in three equal annual installments beginning on January 1, 2022.
- [F3]100% of the options are vested and exercisable as of the date of this Form 4.
- [F4]50% of the options are vested and exercisable as of the date of this Form 4. The remainder of the options vest and become exercisable in two equal annual installments beginning on January 1, 2023.
- [F5]The Class B Common Shares of Indus Holding Company may be redeemed at the option of the reporting person 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.
Documents
Issuer
Lowell Farms Inc.
CIK 0001838128
Entity typeother
Related Parties
1- filerCIK 0001861772
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 9:32 PM ET
- Size
- 11.0 KB