0000899243-21-025456.txt : 20210622 0000899243-21-025456.hdr.sgml : 20210622 20210622215337 ACCESSION NUMBER: 0000899243-21-025456 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210617 FILED AS OF DATE: 20210622 DATE AS OF CHANGE: 20210622 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kraus Charles R CENTRAL INDEX KEY: 0001528691 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39061 FILM NUMBER: 211037111 MAIL ADDRESS: STREET 1: 7303 30 ST. S.E. CITY: CALGARY STATE: A0 ZIP: T2C 1N6 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DIRTT ENVIRONMENTAL SOLUTIONS LTD CENTRAL INDEX KEY: 0001340476 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 STATE OF INCORPORATION: A0 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 7303 30 ST S E CITY: CALGARY ALBERTA T2C 1N6 CAN STATE: A0 ZIP: T2C 1N6 BUSINESS PHONE: 403-723-5000 MAIL ADDRESS: STREET 1: 7303 30 ST S E CITY: CALGARY ALBERTA T2C 1N6 CAN STATE: A0 ZIP: T2C 1N6 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-06-17 0 0001340476 DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT 0001528691 Kraus Charles R 7303-30TH STREET SE CALGARY A0 T2C 1N6 ALBERTA, CANADA 0 1 0 0 See Remarks Common Shares 2021-06-17 4 M 0 48148 A 67802 D Common Shares 2021-06-17 4 F 0 18104 3.66 D 49698 D Common Shares 2021-06-18 4 S 0 15000 3.5938 D 34698 D Restricted Share Units 2021-06-17 4 M 0 48148 0.00 D Common Shares 48148 96296 D On June 17, 2020, the reporting person was granted 144,444 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, 2021 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $3.57 to $3.63, inclusive. The reporting person undertakes to provide to DIRTT Environmental Solutions Ltd., any security holder of DIRTT Environmental Solutions Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range SVP, General Counsel & Corporate Secretary /s/ Nandini Somayaji, as attorney-in-fact for Charles Kraus 2021-06-22