Noll Shaun bought DRTTF

January 9, 2024 · Form 4 insider transaction

Noll Shaun bought 68,903 shares of DIRTT Environmental Solutions Ltd. at $0.26 per share, a transaction worth $18.0K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 9 days after the transaction.

Direction
Acquired (buy-side)
Shares
68,903
Price
$0.26
Total value
$18.0K
InsiderNoll Shaun
RoleDirector, 10% owner
SecurityCommon Shares
Transaction codeM: Option exercise
Transaction dateJanuary 9, 2024
Filing dateJanuary 18, 2024
Shares owned after78,860
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

On January 9, 2024, DIRTT Environmental Solutions Lts. ("DIRTT") announced the results of its CA$30.0 million rights offering (the "Rights Offering"). Each subscription right was exercisable for 0.81790023 DIRTT Common Shares, rounded down to the nearest whole number, together with oversubscription rights. The reporting persons participated in the Rights Offering in full, as well as exercising their oversubscription rights, at a subscription price of CA$0.35 per DIRTT Common Share. The number of Common Shares reported above includes the allocation pursuant to the reporting persons' exercise of their oversubscription rights.; The subscription price of US$0.2614 per Common Share reported above is based on the January 9, 2024 daily exchange rate of CA$1.3391 per $US$1.00, as published by the Bank of Canada on January 15, 2024.

View the original Form 4 on SEC EDGAR