Key facts
- This page summarizes Kenneth D. Sanders's Form 4 filing for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 01 Apr 2024, 16:01.
Kenneth D. Sanders - 29 Mar 2024 Form 4 Insider Report for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF)
- Reporting relationship
- Director
- Issuer ticker
- DRTTF
- Reported as of
- 29 Mar 2024
- Net transaction value
- +$36,652
- SEC form
- 4
- Accepted by SEC
- 01 Apr 2024, 16:01:33 UTC
- Prior SEC filing
- 03 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Fareeha Khan, as attorney-in-fact for Kenneth Sanders
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Kenneth D. Sanders filed Form 4 for DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF) on 01 Apr 2024.
Change
- Previous filing in this sequence was filed on 03 Jan 2024.
- Current net transaction value: +$36,652.
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 derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DRTTF
transaction
Derivative
Deferred Share Unit
Award
- Transaction value
- $36,652
- Shares
- +74,801
- Change %
- +13%
- Price
- $0.4900
- Shares after
- 652,493
- Date
- 29 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 74,801
- Exercise price
- Footnotes
- F1, F2
* 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
Each deferred share unit ("DSU") was granted pursuant to the DIRTT Environmental Solutions Ltd. Amended and Restated Long Term Incentive Plan and is the economic equivalent of one common share (a "Common Share") of DIRTT Environmental Solutions Ltd. (the "Issuer"). All DSUs settle following the cessation of service and employment with the Issuer (the "Termination Date"). For directors who are subject to taxation in the United States ("US Directors"), the DSUs will settle no later than forty days following the Termination Date. Each DSU will be settled in one Common Share or in the cash equivalent of such Common Shares, calculated based on the closing price of the Common Shares on the day prior to the 30th day following separation from service for US Directors
Footnote F2
The price used to calculate the number of DSUs granted was C$0.67, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on March 28, 2024. The price was converted using the Bank of Canada exchange rate for March 28, 2024 of C$1.3550 = US$1.00