Key facts
- This page summarizes Geoffrey D. Krause's Form 4 filing for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Jun 2022, 20:43.
Geoffrey D. Krause - 17 Jun 2022 Form 4 Insider Report for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF)
- Reporting relationship
- Interim Chief Executive Officer
- Issuer ticker
- DRTTF
- Reported as of
- 17 Jun 2022
- Net transaction value
- -$31,659
- SEC form
- 4
- Accepted by SEC
- 21 Jun 2022, 20:43:06 UTC
- Prior SEC filing
- 03 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Nandini Somayaji, as attorney-in-fact for Geoffrey Krause
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Geoffrey D. Krause filed Form 4 for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF) on 21 Jun 2022.
Change
- Previous filing in this sequence was filed on 03 Mar 2022.
- Current net transaction value: -$31,659.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DRTT
transaction
Common Shares
Options Exercise
- Transaction value
- Shares
- +69,815
- Change %
- +46%
- Price
- Shares after
- 221,227
- Date
- 17 Jun 2022
- Ownership
- Direct
- Footnotes
- F1
DRTT
transaction
Common Shares
Tax liability
- Transaction value
- $31,659
- Shares
- -33,512
- Change %
- -15%
- Price
- $0.9447
- Shares after
- 187,715
- Date
- 17 Jun 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DRTT
transaction
Derivative
Restricted Share Units
Options Exercise
- Transaction value
- $0
- Shares
- -69,815
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 69,815
- Date
- 17 Jun 2022
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 69,815
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
On June 17, 2020, the reporting person was granted 209,444 restricted share units ("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 share of common stock of the Issuer (a "Common Share") or, at the Issuer's discretion, a number of Common Shares equal to the number of vested RSUs (or a combination of cash and Common Shares). One-third of the RSUs vested on June 17, 2022 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
Footnote F2
The price used to calculate the tax liability was C$1.2314, which was the Fair Market Value of the Issuer's Common Shares on the vesting date, converted from Canadian dollars to U.S. dollars using the Bank of Canada daily average exchange rate on June 17, 2022 of C$1.3035 = US $1.00.
SEC remarks
Interim Chief Executive Officer