0000950170-24-040189.txt : 20240402
0000950170-24-040189.hdr.sgml : 20240402
20240402162139
ACCESSION NUMBER: 0000950170-24-040189
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240301
FILED AS OF DATE: 20240402
DATE AS OF CHANGE: 20240402
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Khan Fareeha
CENTRAL INDEX KEY: 0001991412
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39061
FILM NUMBER: 24814560
MAIL ADDRESS:
STREET 1: 7303 30 STREET 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]
ORGANIZATION NAME: 06 Technology
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
ownership.xml
4
X0508
4
2024-03-01
0001340476
DIRTT ENVIRONMENTAL SOLUTIONS LTD
DRTTF
0001991412
Khan Fareeha
7303 30 STREET SE
CALGARY
A0
T2C1N6
ALBERTA, CANADA
false
true
false
false
Chief Financial Officer
false
Common Shares
2024-03-01
4
M
false
1446
A
69697
D
Common Shares
2024-03-01
4
F
false
805
0.49
D
68892
D
Common Shares
2024-03-01
4
M
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1798
D
70690
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Common Shares
2024-03-01
4
F
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1000
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D
69690
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Restricted Share Units
2024-03-01
4
M
false
1446
0.00
D
Common Shares
1446
0
D
Restricted Share Units
2024-03-01
4
M
false
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Common Shares
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D
On March 1, 2021, the reporting person was granted 4,337 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 Common Share of the Issuer or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share. One-third of the RSUs vested on March 1, 2024 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
The price used to calculate March 1, RSU vesting was C$0.67, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on February 29, 2024. The price was converted using the Bank of Canada exchange rate for February 29, 2024 of C$1.3570 = US$1.00.
On March 1, 2022, the reporting person was granted 5,394 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 Common Share of the Issuer or, at the Issuer's discretion, a number of Common Shares (or a combination of cash and Common Shares) equal to the fair market value of one Common Share. One-third of the RSUs vested on March 1, 2024 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
/s/ Fareeha Khan
2024-04-02