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

Role
Director
Signature
/s/ Jeffrey Monat
Issuer symbol
LOWLF
Transactions as of
01 Aug 2023
Net transactions value
$0
Form type
4
Filing time
15 Aug 2023, 20:35:45 UTC
Previous filing
29 Dec 2022
Next filing
03 Apr 2024
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
transaction LOWLF Stock Options (right to buy) Award $0 +300,000 $0.000000 300,000 01 Aug 2023 Subordinate Voting Shares 300,000 $0.0450 Direct
holding LOWLF Stock Options (right to buy) 75,000 01 Aug 2023 Subordinate Voting Shares 75,000 $0.0850 Direct F1
holding LOWLF Stock Options (right to buy) 75,000 01 Aug 2023 Subordinate Voting Shares 75,000 $0.3077 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 at the end of each calendar quarter in 2023.
F2 25% of the options vest and become exercisable at the end of each calendar quarter in 2022.