0000950170-24-040213.txt : 20240402 0000950170-24-040213.hdr.sgml : 20240402 20240402162606 ACCESSION NUMBER: 0000950170-24-040213 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240402 DATE AS OF CHANGE: 20240402 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Urban Benjamin Nicholas CENTRAL INDEX KEY: 0001936653 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39061 FILM NUMBER: 24814638 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 2024-03-31 0001340476 DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTTF 0001936653 Urban Benjamin Nicholas 7303 30 STREET SE CALGARY A0 T2C1N6 ALBERTA, CANADA true true false false Chief Executive Officer false Common Shares 2024-03-31 4 M false 150000 A 1276670 D Common Shares 2024-03-31 4 F false 72269 0.52 D 1204401 D Restricted Share Units 2024-03-31 4 M false 150000 0.00 D Common Shares 150000 0 D On June 7, 2023, the reporting person was granted 150,000 RSUs, vesting March 31, 2024. 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. The RSUs vested on March 31, 2024 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion. The price used to calculate March 31, 2024 RSU vesting was C$0.70, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on March 27, 2024. The price was converted using the Bank of Canada exchange rate for March 27, 2024 of C$1.3587 = US$1.00. /s/ Fareeha Khan, as attorney-in-fact for Benjamin Urban 2024-04-02