Tessa O'Dowd - 11 May 2023 Form 3 Insider Report for Lowell Farms Inc. (LOWLF)

Role
Interim CFO
Signature
/s/ Tessa O'Dowd
Issuer symbol
LOWLF
Transactions as of
11 May 2023
Net transactions value
$0
Form type
3
Filing time
30 May 2023, 19:56:36 UTC
SEC
View on sec.gov

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 LOWLF Stock Options (right to buy) 11 May 2023 Subordinate Voting Shares 100,000 $0.0820 Direct F1
holding LOWLF Stock Options (right to buy) 11 May 2023 Subordinate Voting Shares 250,000 $0.2310 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the options vest and become exercisable on each of the first four anniversaries of the date of grant, December 22, 2022.
F2 25% of the options vest and become exercisable on each of the first four anniversaries of the date of grant, August 12, 2022.