Beehouse Partners, LP - 30 Aug 2021 Form 3 Insider Report for Lowell Farms Inc. (LOWLF)

Role
10%+ Owner
Signature
Beehouse Partners, LP, By: Beehouse Partners GP, LLC, its General Partner, By: /s/Gregory Heyman, Managing Member
Issuer symbol
LOWLF
Transactions as of
30 Aug 2021
Net transactions value
$0
Form type
3
Filing time
01 Sep 2021, 16:14:39 UTC
Next filing
17 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LOWLF Subordinate Voting Shares 12,183,462 30 Aug 2021 Direct F1

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
holding LOWLF Warrants (right to buy) 30 Aug 2021 Subordinate Voting Shares 223,500 $1.81 Direct F2, F3
holding LOWLF Warrants (right to buy) 30 Aug 2021 Subordinate Voting Shares 5,000,000 $1.40 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities are owned directly by Beehouse Partners, LP ("Beehouse Partners") and may be deemed to be indirectly beneficially owned by Beehouse Partners GP, LLC ("Beehouse GP"), the general partner of Beehouse Partners.
F2 The exercise price was converted from $2.20 CAD using the closing rate of exchange of the Bank of Canada on May 7, 2021. The actual exercise price is the Canadian dollar amount regardless of the exchange rate on the date of exercise.
F3 Beehouse Partners is the record holder of the reported warrants. Beehouse GP disclaims beneficial ownership of the shares underlying the reported warrants except to the extent of its pecuniary interest therein.