Ann Lawrence - 01 Aug 2023 Form 4 Insider Report for Lowell Farms Inc. (LOWLF)

Role
Director
Signature
/s/ Ann Lawrence
Issuer symbol
LOWLF
Transactions as of
01 Aug 2023
Net transactions value
$0
Form type
4
Filing time
15 Aug 2023, 20:30:11 UTC
Previous filing
27 Jan 2023

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 LOWLF Stock Options (right to buy) Award $0 +3,200,000 $0.000000 3,200,000 01 Aug 2023 Subordinate Voting Shares 3,200,000 $0.0450 Direct
holding LOWLF Stock Options (right to buy) 50,000 01 Aug 2023 Subordinate Voting Shares 50,000 $0.0850 Direct
holding LOWLF Stock Options (right to buy) 75,000 01 Aug 2023 Subordinate Voting Shares 75,000 $0.0850 Direct F1
* 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 at the end of each calendar quarter in 2023.