Hacienda Company, LLC - 27 Feb 2024 Form 4 Insider Report for Lowell Farms Inc. (LOWLF)

Role
10%+ Owner
Signature
Hacienda Company, LLC, /s/ Hannah Ross, as Manager
Issuer symbol
LOWLF
Transactions as of
27 Feb 2024
Net transactions value
-$51,685
Form type
4
Filing time
22 Apr 2024, 16:31:43 UTC
Previous filing
26 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOWLF Subordinate Voting Shares Sale $4,294 -26,840 -2.5% $0.1600 1,029,193 27 Feb 2024 Direct F1, F2, F3
transaction LOWLF Subordinate Voting Shares Sale $2,410 -15,000 -1.5% $0.1607 1,014,193 28 Feb 2024 Direct F3, F4
transaction LOWLF Subordinate Voting Shares Sale $7,759 -61,289 -6% $0.1266 952,904 28 Mar 2024 Direct F3, F5
transaction LOWLF Subordinate Voting Shares Sale $1,360 -10,500 -1.1% $0.1295 942,404 01 Apr 2024 Direct F3
transaction LOWLF Subordinate Voting Shares Sale $6,892 -55,000 -5.8% $0.1253 887,404 03 Apr 2024 Direct F3, F6
transaction LOWLF Subordinate Voting Shares Sale $2,020 -16,500 -1.9% $0.1224 870,904 05 Apr 2024 Direct F3, F7
transaction LOWLF Subordinate Voting Shares Sale $26,950 -197,000 -23% $0.1368 673,904 08 Apr 2024 Direct F3, F8
holding LOWLF Subordinate Voting Shares 45,287 27 Feb 2024 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Hacienda Company, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.15 to $0.18. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 In August 2023, the Issuer effected a reverse stock split consolidating all of its shares on the basis of one post-consolidation share for every ten pre-consolidation shares, effective August 31, 2023.
F3 The Hacienda Company, LLC ("THC") is the record holder of the reported shares. Ms. Ross is the manager of THC. Each of Ms. Ross and THC disclaims beneficial ownership of the reported shares except to the extent of her or its pecuniary interest therein.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.16 to $0.18. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.125 to $0.1511. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.12 to $0.13. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.12 to $0.124. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.127 to $0.14. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The reported shares are directly owned by Ms. Ross in her personal capacity.