Urban Benjamin Nicholas bought DRTTF
January 5, 2024 · Form 4 insider transaction
Urban Benjamin Nicholas bought 500,963 shares of DIRTT Environmental Solutions Ltd. at $0.27 per share, a transaction worth $135.3K. The trade was recorded as exercise of in-the-money option and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
Represents the number of common shares of the issuer that the reporting person purchased in the issuer's rights offering pursuant to the exercise of his basic subscription rights. The closing of the rights offering and the issuance of the common shares of the issuer is expected to be on or about January 9, 2024.; The effective purchase price of the common shares of the issuer underlying the subscription rights issued in connection with the issuer's rights offering is C$0.35 per one common share. The reported price was calculated using the exchange rate of US$1.00 equals C$1.3202 as of December 29, 2023, as announced by the Federal Reserve Bank on January 2, 2024.