Beehouse, LLC - 04 Apr 2022 Form 4 Insider Report for Lowell Farms Inc. (LOWLF)

Role
10%+ Owner
Signature
Beehouse, LLC, /s/ Gregory P. Heyman, as Sole Member of Manager
Issuer symbol
LOWLF
Transactions as of
04 Apr 2022
Transactions value $
$0
Form type
4
Filing time
26 Jan 2024, 17:21:27
Previous filing
22 Dec 2021
Next filing
26 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOWLF Subordinate Voting Shares Other -11.2M -33.02% 22.7M 04 Apr 2022 see footnote F1, F2
transaction LOWLF Subordinate Voting Shares Other +6.2M 6.2M 04 Apr 2022 see footnote F1, F3
holding LOWLF Subordinate Voting Shares 50K 04 Apr 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares were disposed by the Hacienda Company, LLC ("THC") to equity holders in THC pursuant to a grant for no consideration, including 6,198,720 shares to two funds where Beehouse, LLC is the investment manager.
F2 THC and Beehouse Partners LP ("Beehouse Partners") are the record holders of the reported shares. Beehouse, LLC is the investment manager of two funds that collectively own a majority interest in THC, and is also the investment manager of Beehouse Partners. Gregory P. Heyman is the sole and managing member of Beehouse Manager, LLC, which is the manager of Beehouse, LLC. Each of Mr. Heyman, Beehouse, LLC, and Beehouse Manager, LLC disclaims beneficial ownership of the reported shares except to the extent of his or its pecuniary interest therein.
F3 Beehouse, LLC is the investment manager of two funds that are the record holders of the reported shares. Gregory P. Heyman is the sole and managing member of Beehouse Manager, LLC, which is the manager of Beehouse, LLC. Each of Mr. Heyman, Beehouse, LLC, and Beehouse Manager, LLC disclaims beneficial ownership of the reported shares except to the extent of his or its pecuniary interest therein.
F4 The reported shares are directly owned by Mr. Heyman in his personal capacity.