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