Beehouse, LLC - Dec 20, 2021 Form 4 Insider Report for Lowell Farms Inc. (LOWLF)

Role
10%+ Owner
Signature
Beehouse, LLC, /s/ Gregory P. Heyman, as Sole Member of Manager
Stock symbol
LOWLF
Transactions as of
Dec 20, 2021
Transactions value $
$0
Form type
4
Date filed
12/22/2021, 12:13 PM
Previous filing
Sep 1, 2021
Next filing
Jan 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOWLF Subordinate Voting Shares Other -872K -2.5% 34M Dec 20, 2021 see footnote F1, F2
holding LOWLF Subordinate Voting Shares 50K Dec 20, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares were disposed by the Hacienda Company, LLC ("THC") pursuant to a grant for no consideration. A portion of the reported shares are subject to a holdback by THC.
F2 THC and Beehouse Partners LP ("Beehouse Partners") are the record holders of the reported shares. Beehouse, LLC is the investment manager of two funds that collectively own a majority interest in THC, and is also the investment manager of Beehouse Partners. Gregory P. Heyman is the sole and managing member of Beehouse Manager, LLC, which is the manager of Beehouse, LLC. Each of Mr. Heyman, Beehouse, LLC, and Beehouse Manager, LLC disclaims beneficial ownership of the reported shares except to the extent of his or its pecuniary interest therein.
F3 The reported shares are directly owned by Mr. Heyman in his personal capacity.