Gregory John Crawford - 01 Oct 2024 Form 3 Insider Report for Quipt Home Medical Corp. (QIPT)

Role
President/CEO, Director
Signature
/s/ Gregory John Crawford
Issuer symbol
QIPT
Transactions as of
01 Oct 2024
Net transactions value
$0
Form type
3
Filing time
01 Oct 2024, 20:08:37 UTC
Next filing
18 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QIPT Common Shares 1,715,446 01 Oct 2024 Direct
holding QIPT Common Shares 20,000 01 Oct 2024 By Spouse
holding QIPT Common Shares 1,216,832 01 Oct 2024 By Trust 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 QIPT Stock Option (right to buy) 01 Oct 2024 Common Shares 581,000 $1.11 Direct F2
holding QIPT Stock Option (right to buy) 01 Oct 2024 Common Shares 75,000 $6.27 Direct F3
holding QIPT Restricted Share Units 01 Oct 2024 Common Shares 118,750 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held by the Gregoy J. Crawford Family 2017 Children's Trust for the benefit of Mr. Crawford's children. Mr. Crawford disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Crawford is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F2 The exercise price for this award is denominated in Canadian dollars at 1.50. All these options have vested according to the award agreement and are, as of October 1, 2024, exercisable. Converted from Canadian dollars to United States dollars as of the date hereof at a conversion rate of 0.74 United States dollars per Canadian dollar.
F3 The exercise price for this award is denominated in Canadian dollars at 8.48. All these options have vested according to the award agreement and are, as of October 1, 2024, exercisable. Converted from Canadian dollars to United States dollars as of the date hereof at a conversion rate of 0.74 United States dollars per Canadian dollar.
F4 Each restricted share unit ("RSU") is the economic equivalent of one Common Share. Vested RSUs shall be settled in Common Shares. The RSUs shall vest in equal amounts as follows: February 20, 2024, May 20, 2024, August 20, 2024, November 20, 2024, and February 20, 2025.

Remarks:

Quipt Home Medical Corp. (the "Issuer") has determined that it ceased to be a "foreign private issuer" as of March 31, 2024. As a result, effective October 1, 2024, the Issuer is required to comply with the reporting requirements and use the filing forms applicable to U.S. public companies under U.S. securities laws, including reports required under Section 16 of the U.S. Securities Exchange Act of 1934.