Fareeha Khan - 14 Aug 2024 Form 4 Insider Report for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF)

Role
Chief Financial Officer
Signature
/s/ Fareeha Khan
Issuer symbol
DRTTF
Transactions as of
14 Aug 2024
Transactions value $
$0
Form type
4
Filing time
16 Aug 2024, 17:15:09 UTC
Previous filing
24 Jun 2024
Next filing
29 Aug 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DRTTF Restricted Share Units Award $0 +1,000,000 $0 1,000,000 14 Aug 2024 Common Shares 1,000,000 Direct F1
transaction DRTTF Restricted Share Units Award $0 +300,000 $0 300,000 14 Aug 2024 Common Shares 300,000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 14, 2024, the reporting person was granted 1,000,000 RSUs vesting on August 14, 2026. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share of the Issuer or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.
F2 On August 14, 2024, the reporting person was granted 300,000 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 Common Share of the Issuer or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.