Benjamin Urban - Aug 14, 2024 Form 4 Insider Report for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF)

Role: Chief Executive Officer, Director
Signature: /s/ Fareeha Khan, as attorney-in-fact for Benjamin Urban
Stock symbol: DRTTF
Transactions as of: Aug 14, 2024
Transactions value $: $0
Form type: 4
Date filed: 8/16/2024, 05:15 PM
Previous filing: Jul 5, 2024

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
transaction	DRTTF	Restricted Share Units	Award	$0	+1.5M		$0.00	1.5M	Aug 14, 2024	Common Shares	1.5M		Direct	F1
transaction	DRTTF	Restricted Share Units	Award	$0	+300K		$0.00	300K	Aug 14, 2024	Common Shares	300K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On August 14, 2024, the reporting person was granted 1,500,000 RSUs vesting on August 14, 2026. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share of the Issuer or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.
F2	On August 14, 2024, the reporting person was granted 300,000 RSUs vesting in three equal annual installments beginning on the first anniversary of the grant date. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share of the Issuer or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.

Content

On August 14, 2024, the reporting person was granted 1,500,000 RSUs vesting on August 14, 2026. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share of the Issuer or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.

On August 14, 2024, the reporting person was granted 300,000 RSUs vesting in three equal annual installments beginning on the first anniversary of the grant date. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share of the Issuer or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.