Jeffrey Monat - 23 Dec 2022 Form 4 Insider Report for Lowell Farms Inc. (LOWLF)

Role
Director
Signature
/s/ Jeffrey Monat
Issuer symbol
LOWLF
Transactions as of
23 Dec 2022
Transactions value $
$0
Form type
4
Date filed
29 Dec 2022, 18:24
Previous filing
02 Sep 2022
Next filing
15 Aug 2023
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 LOWLF Stock Options (right to buy) Award $0 +75K $0.00 75K 23 Dec 2022 Subordinate Voting Shares 75K $0.09 Direct F1
holding LOWLF Stock Options (right to buy) 75K 23 Dec 2022 Subordinate Voting Shares 75K $0.31 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the options vest and become exercisable at the end of each calendar quarter in 2023.
F2 25% of the options vest and become exercisable at the end of each calendar quarter in 2022.