4//SEC Filing
Monat Jeffrey 4
Accession 0001654954-22-012142
CIK 0001838128other
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 8:33 PM ET
Size
10.7 KB
Accession
0001654954-22-012142
Insider Transaction Report
Form 4
Lowell Farms Inc.LOWLF
Monat Jeffrey
Director
Transactions
- Purchase
Warrants (right to buy)
2022-08-15+216,169→ 216,169 total(indirect: See footnote)Exercise: $0.26From: 2022-08-15Exp: 2026-02-19→ Subordinate Voting Shares (216,169 underlying) - Purchase
Convertible Debenture of Indus Holding Company
2022-08-15+216,169→ 216,169 total(indirect: See footnote)Exercise: $0.23From: 2022-08-15Exp: 2023-10-13→ Subordinate Voting Shares (216,169 underlying) - Purchase
Warrants (right to buy Shares of Indus Holding Company)
2022-08-15+324,254→ 324,254 total(indirect: See footnote)Exercise: $0.26From: 2022-08-15Exp: 2026-02-19→ Subordinate Voting Shares (324,254 underlying)
Footnotes (4)
- [F1]The principal amount of each convertible debenture is convertible into Class C Common Shares of Indus Holding Company ("Class C Common Shares") at $0.2313 per share. Class C Common Shares may be redeemed at the option of the holder for Subordinate Voting Shares of the issuer on a one-for-one basis in accordance with the certificate of incorporation of Indus Holding Company. Class C Common Shares may be redeemed at any time and have no expiration date.
- [F2]Interest accrues on the convertible debentures and is payable quarterly in arrears; any accrued and unpaid interest at the time of conversion of a convertible debenture is convertible into additional Class C Common Shares at $0.2313 per share. Accrued interest is not included in the underlying share numbers.
- [F3]The aggregate purchase price paid for the convertible debentures and warrants is $50,000.
- [F4]Held by Nicole Monat, Mr. Monat's wife. Mr. Monat disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Documents
Issuer
Lowell Farms Inc.
CIK 0001838128
Entity typeother
Related Parties
1- filerCIK 0001792332
Filing Metadata
- Form type
- 4
- Filed
- Sep 1, 8:00 PM ET
- Accepted
- Sep 2, 8:33 PM ET
- Size
- 10.7 KB