Key facts
- This page summarizes Scott C. Ryan's Form 4 filing for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 18 Jul 2023, 13:04.
Scott C. Ryan - 30 Jun 2023 Form 4 Insider Report for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF)
- Reporting relationship
- Director
- Issuer ticker
- DRTTF
- Reported as of
- 30 Jun 2023
- Net transaction value
- +$3,302,814,789
- SEC form
- 4
- Accepted by SEC
- 18 Jul 2023, 13:04:35 UTC
- Prior SEC filing
- 04 Apr 2023
- Next SEC filing
- 03 Oct 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Brad Little, as attorney-in-fact, For Scott Ryan
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Scott C. Ryan filed Form 4 for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF) on 18 Jul 2023.
Change
- Previous filing in this sequence was filed on 04 Apr 2023.
- Current net transaction value: +$3,302,814,789.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DRTT
transaction
Derivative
Deferred Share Unit
Award
- Transaction value
- $3,302,814,789
- Shares
- +110,193
- Change %
- +48%
- Price
- $29973.00*
- Shares after
- 342,004
- Date
- 30 Jun 2023
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 110,193
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Each deferred share unit ("DSU") was granted pursuant to the DIRTT Environmental Solutions Ltd. Amended and Restated Long Term Incentive Plan and is the economic equivalent of one common share (a "Common Share") of DIRTT Environmental Solutions Ltd. (the "Issuer"). All DSUs settle following the cessation of service and employment with the Issuer (the "Termination Date"). For directors who are subject to taxation in the United States ("US Directors"), the DSUs will settle no later than forty days following the Termination Date. Each DSU will be settled in one Common Share or in the cash equivalent of such Common Shares, calculated based on the closing price of the Common Shares on the day prior to the 30th day following separation from service for US Directors on the stock exchange which has the greatest trading volume of Common Shares for the previous six months.
Footnote F2
The price used to calculate the number of DSUs granted was $0.272, which was the closing price Issuer's Common Shares as reported on the NASDAQ Stock Exchange on June 29, 2023.
SEC remarks
See attached for Exhibit 24, Power of Attorney