0001654954-22-017056.txt : 20221229 0001654954-22-017056.hdr.sgml : 20221229 20221229192314 ACCESSION NUMBER: 0001654954-22-017056 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221223 FILED AS OF DATE: 20221229 DATE AS OF CHANGE: 20221229 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Shure Brian CENTRAL INDEX KEY: 0001861410 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-56254 FILM NUMBER: 221499921 MAIL ADDRESS: STREET 1: 19 QUAIL RUN CIRCLE, SUITE B CITY: SALINAS STATE: CA ZIP: 93907 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Lowell Farms Inc. CENTRAL INDEX KEY: 0001838128 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE PRODUCTION - CROPS [0100] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 19 QUAIL RUN CIRCLE - SUITE B CITY: SALINAS STATE: CA ZIP: 93907 BUSINESS PHONE: (831) 998-8214 MAIL ADDRESS: STREET 1: 19 QUAIL RUN CIRCLE - SUITE B CITY: SALINAS STATE: CA ZIP: 93907 FORMER COMPANY: FORMER CONFORMED NAME: Indus Holdings, Inc. DATE OF NAME CHANGE: 20201228 4 1 section16.xml PRIMARY DOCUMENT X0306 4 2022-12-23 0001838128 Lowell Farms Inc. LOWLF 0001861410 Shure Brian C/O LOWELL FARMS INC. 19 QUAIL RUN CIRCLE, SUITE B SALINAS CA 93907 true true Chief Financial Officer Subordinate Voting Shares 2022-12-23 4 M false 25000 0 A 84776 D Subordinate Voting Shares 1882000 I See footnote Subordinate Voting Shares 824000 I See footnote Subordinate Voting Shares 184800 I See footnote Subordinate Voting Shares 300000 I See footnote Restricted Stock Units 2022-12-23 4 M false 25000 0 D Subordinate Voting Shares 25000 25000 D Stock Options (right to buy) 0.085 2022-12-23 4 A false 75000 0 A 2028-12-23 Subordinate Voting Shares 75000 75000 D Stock Options (right to buy) 0.085 2022-12-23 4 A false 150000 0 A 2028-12-23 Subordinate Voting Shares 150000 150000 D Stock Options (right to buy) 0.3077 2028-01-13 Subordinate Voting Shares 125000 125000 D Stock Options (right to buy) 0.3077 2028-01-13 Subordinate Voting Shares 75000 75000 D Stock Options (right to buy) 0.3077 2028-01-13 Subordinate Voting Shares 300000 300000 D Held by Ambrose Capital Holdings, LP. Mr. Shure is the President of Ambrose Capital Partners, LLC, which is the general partner of Ambrose Capital Holdings, LP. Mr. Shure disclaims beneficial ownership of the securities held by Ambrose Capital Holdings, LP except to the extent of his pecuniary interest therein. Held by AMTG Holdings, LLLP. Mr. Shure is the President of AMTG Management, Inc., which is the general partner of AMTG Holdings, LLLP. Mr. Shure disclaims beneficial ownership of the securities held by AMTG Holdings, LLLP except to the extent of his pecuniary interest therein. Held by HSK Holdings, LLC. Mr. Shure is the Managing Member of HSK Holdings, LLC. Mr. Shure disclaims beneficial ownership of the securities held by HSK Holdings, LLC except to the extent of his pecuniary interest therein. Held by the Brian K. Shure Charitable Lead Annuity Trust, of which the reporting person is the trustee and of which the reporting person's three children are the beneficiaries. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one Subordinate Voting Share on the vesting date. The RSUs vest in three equal annual installments beginning on December 23, 2021. 25% of the options vest and become exercisable at the end of each calendar quarter in 2023. 25% of the options vest and become exercisable on each of the first four anniversaries of the date of grant. 25% of the options vest and become exercisable on each of the first four anniversaries of the date of grant. 25% of the options vest and become exercisable at the end of each calendar quarter in 2022. 25% of the options vest and become exercisable on the first day of each calendar quarter in 2022. /s/ Brian K. Shure 2022-12-29