Geoffrey Krause - Sep 28, 2021 Form 4 Insider Report for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTT)

Role
Chief Financial Officer
Signature
/s/ Nandini Somayaji, as attorney-in-fact for Geoffrey Krause
Stock symbol
DRTT
Transactions as of
Sep 28, 2021
Transactions value $
-$53,075
Form type
4
Date filed
9/30/2021, 07:14 PM
Previous filing
Jun 22, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRTT Performance Share Units Award $0 +16.4K +16.09% $0.00 119K Sep 28, 2021 Direct
transaction DRTT Performance Share Units Disposed to Issuer -$53.1K -16.4K -13.86% $3.23 102K Sep 28, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price used to calculate the settlement value of the Performance Share Units was C$4.09, which was the Fair Market Value (as that term is defined in the Issuer's Performance Share Unit Plan) of the Issuer's Common Shares on September 28, 2021, converted from Canadian dollars to U.S. dollars using the Bank of Canada daily average exchange rate on September 28, 2021 of C$1.268 = US $1.00.