Filing Details

Accession Number:
0000899243-21-025456
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-22 21:53:37
Reporting Period:
2021-06-17
Accepted Time:
2021-06-22 21:53:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1340476 Dirtt Environmental Solutions Ltd DRTT Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1528691 R Charles Kraus 7303-30Th Street Se
Calgary A0 T2C 1N6
See Remarks No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Acquisiton 2021-06-17 48,148 $0.00 67,802 No 4 M Direct
Common Shares Disposition 2021-06-17 18,104 $3.66 49,698 No 4 F Direct
Common Shares Disposition 2021-06-18 15,000 $3.59 34,698 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares Restricted Share Units Disposition 2021-06-17 48,148 $0.00 48,148 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
96,296 No 4 M Direct
Footnotes
  1. On June 17, 2020, the reporting person was granted 144,444 restricted share units ("RSUs"), vesting in three equal annual installments beginning on the first anniversary of the grant date. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one share of common stock of the Issuer (a "Common Share") or, at the Issuer's discretion, a number of Common Shares equal to the number of vested RSUs (or a combination of cash and Common Shares). One-third of the RSUs vested on June 17, 2021 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
  2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $3.57 to $3.63, inclusive. The reporting person undertakes to provide to DIRTT Environmental Solutions Ltd., any security holder of DIRTT Environmental Solutions Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range