Fareeha Khan - Jan 9, 2024 Form 4 Insider Report for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF)

Signature
Fareeha Khan
Stock symbol
DRTTF
Transactions as of
Jan 9, 2024
Transactions value $
$10,800
Form type
4
Date filed
1/19/2024, 08:26 PM
Previous filing
Jan 5, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRTTF Common Shares Options Exercise $10.8K +40K +77.89% $0.27 91.4K Jan 9, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of common shares of the issuer that the reporting person purchased in the issuer's rights offering pursuant to the exercise of her additional subscription privilege, which entitled eligible holders of rights who fully exercised their basic subscription privilege the right to purchase additional common shares that remained unsubscribed for at the expiration of the rights offering at a price of C$0.35 per whole common share, on a pro rata basis. The reporting person exercised her basic subscription privilege in full, as previously reported on Form 4. The rights offering closed on January 9, 2024. The reporting person did not receive confirmation of the receipt of the common shares issued pursuant to the exercise of the additional subscription privilege until January 18, 2024.
F2 The effective purchase price of the common shares of the issuer underlying the subscription rights issued in connection with the issuer's rights offering is C$0.35 per one common share. The reported price was calculated using the exchange rate of US$1.00 equals C$1.3202 as of December 29, 2023, as announced by the Federal Reserve Bank on January 2, 2024.