4//SEC Filing
Shure Brian 4
Accession 0001654954-22-012144
CIK 0001838128other
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 8:33 PM ET
Size
25.2 KB
Accession
0001654954-22-012144
Insider Transaction Report
Form 4
Lowell Farms Inc.LOWLF
Shure Brian
DirectorChief Financial Officer
Transactions
- Purchase
Warrants (right to buy Shares of Indus Holding Company
2022-08-15+3,242,542→ 3,242,542 total(indirect: See footnote)Exercise: $0.26From: 2022-08-15Exp: 2026-02-19→ Subordinate Voting Shares (3,242,542 underlying) - Purchase
Convertible Debenture of Indus Holding Company
2022-08-15+5,188,067→ 5,188,067 total(indirect: See footnote)Exercise: $0.23From: 2022-08-15Exp: 2023-10-13→ Subordinate Voting Shares (5,188,067 underlying) - Purchase
Warrants (right to buy)
2022-08-15+2,161,695→ 2,161,695 total(indirect: See footnote)Exercise: $0.26From: 2022-08-15Exp: 2026-02-19→ Subordinate Voting Shares (2,161,695 underlying) - Purchase
Warrants (right to buy)
2022-08-15+1,297,017→ 1,297,017 total(indirect: See footnote)Exercise: $0.26From: 2022-08-15Exp: 2026-02-19→ Subordinate Voting Shares (1,297,017 underlying) - Purchase
Convertible Debenture of Indus Holding Company
2022-08-15+2,161,695→ 2,161,695 total(indirect: See footnote)Exercise: $0.23From: 2022-08-15Exp: 2023-10-13→ Subordinate Voting Shares (2,161,695 underlying) - Purchase
Warrants (right to buy)
2022-08-15+5,188,067→ 5,188,067 total(indirect: See footnote)Exercise: $0.26From: 2022-08-15Exp: 2026-02-19→ Subordinate Voting Shares (5,188,067 underlying) - Purchase
Warrants (right to buy Shares of Indus Holding Company
2022-08-15+7,782,101→ 7,782,101 total(indirect: See footnote)Exercise: $0.26From: 2022-08-15Exp: 2026-02-19→ Subordinate Voting Shares (7,782,101 underlying) - Purchase
Convertible Debenture of Indus Holding Company
2022-08-15+1,297,017→ 1,297,017 total(indirect: See footnote)Exercise: $0.26From: 2022-08-15Exp: 2023-10-13→ Subordinate Voting Shares (1,297,017 underlying) - Purchase
Warrants (right to buy Shares of Indus Holding Company
2022-08-15+1,945,525→ 1,945,525 total(indirect: See footnote)Exercise: $0.26From: 2022-08-15Exp: 2026-02-19→ Subordinate Voting Shares (1,945,525 underlying)
Footnotes (8)
- [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 $500,000.
- [F4]Held by AMTG Holdings, LLLP. Mr. Shure is the President of AMTG Management, Inc., which is the general partner of AMTG Holdings, LLLP. Mr. Shure disclaims beneficial ownership of the securities held by AMTG Holdings, LLLP except to the extent of his pecuniary interest therein.
- [F5]The aggregate purchase price paid for the convertible debentures and warrants is $1,200,000.
- [F6]Held by Ambrose Capital Holdings, LP. Mr. Shure is the President of Ambrose Capital Partners, LLC, which is the general partner of Ambrose Capital Holdings, LP. Mr. Shure disclaims beneficial ownership of the securities held by Ambrose Capital Holdings, LP except to the extent of his pecuniary interest therein.
- [F7]The aggregate purchase price paid for the convertible debentures and warrants is $300,000.
- [F8]Held by the Brian K. Shure Charitable Lead Annuity Trust, of which the reporting person is the trustee and of which the reporting person's three children are the beneficiaries.
Documents
Issuer
Lowell Farms Inc.
CIK 0001838128
Entity typeother
Related Parties
1- filerCIK 0001861410
Filing Metadata
- Form type
- 4
- Filed
- Sep 1, 8:00 PM ET
- Accepted
- Sep 2, 8:33 PM ET
- Size
- 25.2 KB