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Krause Geoffrey D.

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125982
SEC CIK
0001788764

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CompanyLast reported asReport datePublished
DIRTT ENVIRONMENTAL SOLUTIONS LTDDRTT · Entity 6673See RemarksJune 17, 2022June 22, 2022

Disclosed balances

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Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

DIRTT ENVIRONMENTAL SOLUTIONS LTD

Report date June 17, 2022 · Filed June 22, 2022

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common SharesSEC Table I · non-derivativeDirect187,715 Ending reported balance After 2022-06-17 transaction · row 2
2 source rows · reconciled sequence

Row 1 · 2022-06-17 · Exercise / conversion · Acquired 69,815 · Balance 221,227

F1: On June 17, 2020, the reporting person was granted 209,444 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, 2022 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.

Row 2 · 2022-06-17 · Tax withholding · Disposed 33,512 · Balance 187,715

F2: The price used to calculate the tax liability was C$1.2314, which was the Fair Market Value of the Issuer's Common Shares on the vesting date, converted from Canadian dollars to U.S. dollars using the Bank of Canada daily average exchange rate on June 17, 2022 of C$1.3035 = US $1.00.

Restricted Share UnitsSEC Table II · derivative / convertible securityDirect69,815 Reported balance After 2022-06-17 transaction · row 3 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 3 · 2022-06-17 · Exercise / conversion · Disposed 69,815 · Balance 69,815

F1: On June 17, 2020, the reporting person was granted 209,444 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, 2022 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.

Filing footnotes · ownership attribution and instrument terms

F1: On June 17, 2020, the reporting person was granted 209,444 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, 2022 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.

F2: The price used to calculate the tax liability was C$1.2314, which was the Fair Market Value of the Issuer's Common Shares on the vesting date, converted from Canadian dollars to U.S. dollars using the Bank of Canada daily average exchange rate on June 17, 2022 of C$1.3035 = US $1.00.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

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Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
June 17, 2022 Filed Jun 22, 2022 00:43 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 Exercise / conversionRestricted Share Units · Derivative 69,815 $0.00 $0.00
Disclosure

SEC source: 0000899243-22-023511 · doc4.xml · derivative · entry 3

Krause Geoffrey D. · CIK 0001788764 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 69,815

Underlying: Common Shares · 69,815 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: On June 17, 2020, the reporting person was granted 209,444 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, 2022 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.

F1 · derivative.exercise_date: On June 17, 2020, the reporting person was granted 209,444 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, 2022 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.

F1 · derivative.expiration_date: On June 17, 2020, the reporting person was granted 209,444 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, 2022 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.

Read SEC document
June 17, 2022 Filed Jun 22, 2022 00:43 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 Tax withholdingCommon Shares 33,512 $0.94 $31,658.79
Disclosure

SEC source: 0000899243-22-023511 · doc4.xml · nonDerivative · entry 2

Krause Geoffrey D. · CIK 0001788764 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 187,715

F2 · price: The price used to calculate the tax liability was C$1.2314, which was the Fair Market Value of the Issuer's Common Shares on the vesting date, converted from Canadian dollars to U.S. dollars using the Bank of Canada daily average exchange rate on June 17, 2022 of C$1.3035 = US $1.00.

Read SEC document
June 17, 2022 Filed Jun 22, 2022 00:43 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 Exercise / conversionCommon Shares 69,815 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-22-023511 · doc4.xml · nonDerivative · entry 1

Krause Geoffrey D. · CIK 0001788764 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 221,227

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On June 17, 2020, the reporting person was granted 209,444 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, 2022 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.

Read SEC document
March 01, 2022 Filed Mar 3, 2022 16:07 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantPerformance-Based Restricted Share Units · Derivative 113,281 $0.00 $0.00
Disclosure

SEC source: 0000899243-22-008919 · doc4.xml · derivative · entry 7

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,281

Underlying: Common Shares · 113,281 shares

Expires not disclosed

F4 · derivative.exercise_price: On March 1, 2022, the reporting person was granted a target number of RSUs equal to 113,281 restricted share units (the "Target Number of Restricted Share Units"). The number of RSUs that become vested RSUs will be between 0% and 150% of the Target Number of Restricted Share Units, depending on whether and to what extent certain trading price hurdles are achieved over the three-year performance period, which commenced on the date of grant. Vesting of the RSUs is further contingent upon the reporting person's continued employment through the end of the performance period. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share 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.

F4 · shares: On March 1, 2022, the reporting person was granted a target number of RSUs equal to 113,281 restricted share units (the "Target Number of Restricted Share Units"). The number of RSUs that become vested RSUs will be between 0% and 150% of the Target Number of Restricted Share Units, depending on whether and to what extent certain trading price hurdles are achieved over the three-year performance period, which commenced on the date of grant. Vesting of the RSUs is further contingent upon the reporting person's continued employment through the end of the performance period. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share 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.

F4 · derivative.exercise_date: On March 1, 2022, the reporting person was granted a target number of RSUs equal to 113,281 restricted share units (the "Target Number of Restricted Share Units"). The number of RSUs that become vested RSUs will be between 0% and 150% of the Target Number of Restricted Share Units, depending on whether and to what extent certain trading price hurdles are achieved over the three-year performance period, which commenced on the date of grant. Vesting of the RSUs is further contingent upon the reporting person's continued employment through the end of the performance period. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share 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.

F4 · derivative.expiration_date: On March 1, 2022, the reporting person was granted a target number of RSUs equal to 113,281 restricted share units (the "Target Number of Restricted Share Units"). The number of RSUs that become vested RSUs will be between 0% and 150% of the Target Number of Restricted Share Units, depending on whether and to what extent certain trading price hurdles are achieved over the three-year performance period, which commenced on the date of grant. Vesting of the RSUs is further contingent upon the reporting person's continued employment through the end of the performance period. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share 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.

F4 · derivative.underlying_shares: On March 1, 2022, the reporting person was granted a target number of RSUs equal to 113,281 restricted share units (the "Target Number of Restricted Share Units"). The number of RSUs that become vested RSUs will be between 0% and 150% of the Target Number of Restricted Share Units, depending on whether and to what extent certain trading price hurdles are achieved over the three-year performance period, which commenced on the date of grant. Vesting of the RSUs is further contingent upon the reporting person's continued employment through the end of the performance period. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share 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.

F4 · balance_after: On March 1, 2022, the reporting person was granted a target number of RSUs equal to 113,281 restricted share units (the "Target Number of Restricted Share Units"). The number of RSUs that become vested RSUs will be between 0% and 150% of the Target Number of Restricted Share Units, depending on whether and to what extent certain trading price hurdles are achieved over the three-year performance period, which commenced on the date of grant. Vesting of the RSUs is further contingent upon the reporting person's continued employment through the end of the performance period. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share 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.

Read SEC document
March 01, 2022 Filed Mar 3, 2022 16:07 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantRestricted Share Units · Derivative 113,282 $0.00 $0.00
Disclosure

SEC source: 0000899243-22-008919 · doc4.xml · derivative · entry 6

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,282

Underlying: Common Shares · 113,282 shares

Expires not disclosed

F3 · derivative.exercise_price: On March 1, 2022 the reporting person was granted 113,282 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 (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.

F3 · derivative.exercise_date: On March 1, 2022 the reporting person was granted 113,282 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 (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.

F3 · derivative.expiration_date: On March 1, 2022 the reporting person was granted 113,282 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 (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.

Read SEC document
March 01, 2022 Filed Mar 3, 2022 16:07 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 Exercise / conversionRestricted Share Units · Derivative 30,800 $0.00 $0.00
Disclosure

SEC source: 0000899243-22-008919 · doc4.xml · derivative · entry 5

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,602

Underlying: Common Shares · 30,800 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: On March 1, 2021, the reporting person was granted 92,402 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 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 March 1, 2022 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.

F1 · derivative.exercise_date: On March 1, 2021, the reporting person was granted 92,402 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 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 March 1, 2022 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.

F1 · derivative.expiration_date: On March 1, 2021, the reporting person was granted 92,402 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 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 March 1, 2022 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.

Read SEC document
March 01, 2022 Filed Mar 3, 2022 16:07 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 Tax withholdingCommon Shares 10,787 $1.88 $20,279.56
Disclosure

SEC source: 0000899243-22-008919 · doc4.xml · nonDerivative · entry 4

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 139,844

F2 · security: On March 1, 2022, the reporting person was granted 22,473 share awards ("Share Awards"), and 10,787 shares were withheld to pay income taxes. Each Share Award represents an unrestricted Common Share of the Issuer.

Read SEC document
March 01, 2022 Filed Mar 3, 2022 16:07 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantCommon Shares 22,473 $0.00 $0.00
Disclosure

SEC source: 0000899243-22-008919 · doc4.xml · nonDerivative · entry 3

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 150,631

F2 · security: On March 1, 2022, the reporting person was granted 22,473 share awards ("Share Awards"), and 10,787 shares were withheld to pay income taxes. Each Share Award represents an unrestricted Common Share of the Issuer.

Read SEC document
March 01, 2022 Filed Mar 3, 2022 16:07 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 Tax withholdingCommon Shares 14,784 $1.88 $27,793.92
Disclosure

SEC source: 0000899243-22-008919 · doc4.xml · nonDerivative · entry 2

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 128,158

Read SEC document
March 01, 2022 Filed Mar 3, 2022 16:07 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 Exercise / conversionCommon Shares 30,800 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-22-008919 · doc4.xml · nonDerivative · entry 1

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 142,942

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On March 1, 2021, the reporting person was granted 92,402 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 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 March 1, 2022 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.

Read SEC document
September 28, 2021 Filed Sep 30, 2021 23:14 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 Disposition to issuerPerformance Share Units 16,432 $3.23 $53,075.36
Disclosure

SEC source: 0000899243-21-038452 · doc4.xml · nonDerivative · entry 2

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 102,113

F1 · price: The price used to calculate the settlement value of the Performance Share Units was C$4.09, which was the Fair Market Value (as that term is defined in the Issuer's Performance Share Unit Plan) of the Issuer's Common Shares on September 28, 2021, converted from Canadian dollars to U.S. dollars using the Bank of Canada daily average exchange rate on September 28, 2021 of C$1.268 = US $1.00.

Read SEC document
September 28, 2021 Filed Sep 30, 2021 23:14 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantPerformance Share Units 16,432 $0.00 $0.00
Disclosure

SEC source: 0000899243-21-038452 · doc4.xml · nonDerivative · entry 1

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,545

Read SEC document
June 17, 2021 Filed Jun 23, 2021 01:52 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 Exercise / conversionRestricted Share Units · Derivative 69,814 $0.00 $0.00
Disclosure

SEC source: 0000899243-21-025453 · doc4.xml · derivative · entry 3

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 139,630

Underlying: Common Shares · 69,814 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: On June 17, 2020, the reporting person was granted 209,444 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.

F1 · derivative.exercise_date: On June 17, 2020, the reporting person was granted 209,444 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.

F1 · derivative.expiration_date: On June 17, 2020, the reporting person was granted 209,444 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.

Read SEC document
June 17, 2021 Filed Jun 23, 2021 01:52 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 Tax withholdingCommon Shares 33,511 $3.64 $121,980.04
Disclosure

SEC source: 0000899243-21-025453 · doc4.xml · nonDerivative · entry 2

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 99,095

F2 · price: The price used to calculate the tax liability was C$4.49, which was the Fair Market Value of the Issuer's Common Shares on the vesting date, converted from Canadian dollars to U.S. dollars using the Bank of Canada daily average exchange rate on June 17, 2021 of C$1.2341 = US $1.00.

Read SEC document
June 17, 2021 Filed Jun 23, 2021 01:52 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 Exercise / conversionCommon Shares 69,814 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-21-025453 · doc4.xml · nonDerivative · entry 1

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 132,606

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On June 17, 2020, the reporting person was granted 209,444 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.

Read SEC document
March 01, 2021 Filed Mar 3, 2021 21:56 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantPerformance-Based Restricted Share Units · Derivative 92,402 $0.00 $0.00
Disclosure

SEC source: 0000899243-21-009414 · doc4.xml · derivative · entry 2

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 92,402

Underlying: Common Shares · 92,402 shares

Expires not disclosed

F2 · derivative.exercise_price: On March 1, 2021, the reporting person was granted a target number of RSUs equal to 92,402 restricted share units (the "Target Number of Restricted Share Units"). The number of RSUs that become vested RSUs will be between 0% and 150% of the Target Number of Restricted Share Units, depending on whether and to what extent certain trading price hurdles are achieved over the three-year performance period, which commenced on the date of grant. Vesting of the RSUs is further contingent upon the reporting person's continued employment through the end of the performance period. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share 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.

F2 · shares: On March 1, 2021, the reporting person was granted a target number of RSUs equal to 92,402 restricted share units (the "Target Number of Restricted Share Units"). The number of RSUs that become vested RSUs will be between 0% and 150% of the Target Number of Restricted Share Units, depending on whether and to what extent certain trading price hurdles are achieved over the three-year performance period, which commenced on the date of grant. Vesting of the RSUs is further contingent upon the reporting person's continued employment through the end of the performance period. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share 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.

F2 · derivative.exercise_date: On March 1, 2021, the reporting person was granted a target number of RSUs equal to 92,402 restricted share units (the "Target Number of Restricted Share Units"). The number of RSUs that become vested RSUs will be between 0% and 150% of the Target Number of Restricted Share Units, depending on whether and to what extent certain trading price hurdles are achieved over the three-year performance period, which commenced on the date of grant. Vesting of the RSUs is further contingent upon the reporting person's continued employment through the end of the performance period. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share 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.

F2 · derivative.expiration_date: On March 1, 2021, the reporting person was granted a target number of RSUs equal to 92,402 restricted share units (the "Target Number of Restricted Share Units"). The number of RSUs that become vested RSUs will be between 0% and 150% of the Target Number of Restricted Share Units, depending on whether and to what extent certain trading price hurdles are achieved over the three-year performance period, which commenced on the date of grant. Vesting of the RSUs is further contingent upon the reporting person's continued employment through the end of the performance period. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share 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.

F2 · derivative.underlying_shares: On March 1, 2021, the reporting person was granted a target number of RSUs equal to 92,402 restricted share units (the "Target Number of Restricted Share Units"). The number of RSUs that become vested RSUs will be between 0% and 150% of the Target Number of Restricted Share Units, depending on whether and to what extent certain trading price hurdles are achieved over the three-year performance period, which commenced on the date of grant. Vesting of the RSUs is further contingent upon the reporting person's continued employment through the end of the performance period. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share 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.

F2 · balance_after: On March 1, 2021, the reporting person was granted a target number of RSUs equal to 92,402 restricted share units (the "Target Number of Restricted Share Units"). The number of RSUs that become vested RSUs will be between 0% and 150% of the Target Number of Restricted Share Units, depending on whether and to what extent certain trading price hurdles are achieved over the three-year performance period, which commenced on the date of grant. Vesting of the RSUs is further contingent upon the reporting person's continued employment through the end of the performance period. Each RSU represents a conditional right to receive a cash payment equal to the fair market value of one Common Share 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.

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March 01, 2021 Filed Mar 3, 2021 21:56 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantRestricted Share Units · Derivative 92,402 $0.00 $0.00
Disclosure

SEC source: 0000899243-21-009414 · doc4.xml · derivative · entry 1

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 92,402

Underlying: Common Shares · 92,402 shares

Expires not disclosed

F1 · derivative.exercise_price: On March 1, 2021 the reporting person was granted 92,402 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 (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.

F1 · derivative.exercise_date: On March 1, 2021 the reporting person was granted 92,402 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 (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.

F1 · derivative.expiration_date: On March 1, 2021 the reporting person was granted 92,402 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 (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.

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June 17, 2020 Filed Jun 18, 2020 22:31 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantRestricted Share Units · Derivative 209,444 $0.00 $0.00
Disclosure

SEC source: 0000899243-20-017137 · doc4.xml · derivative · entry 1

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 209,444

Underlying: Common Shares · 209,444 shares

Expires not disclosed

F1 · derivative.exercise_price: On June 17, 2020, the reporting person was granted 209,444 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 (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.

F1 · derivative.exercise_date: On June 17, 2020, the reporting person was granted 209,444 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 (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.

F1 · derivative.expiration_date: On June 17, 2020, the reporting person was granted 209,444 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 (or a combination of cash and Common Shares) equal to the fair market value of one Common Share.

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November 20, 2019 Filed Nov 22, 2019 00:48 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 PurchaseCommon shares 4,500 $3.07 $13,801.50
Disclosure

SEC source: 0000899243-19-027819 · doc4.xml · nonDerivative · entry 2

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,332

F3 · price: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from C$4.075 to C$4.09, 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 sold at each separate price within the range. The weighted average share price of C$4.081was converted using the Bank of Canada exchange rate for November 20, 2019 of C$1.3304 = US $1.00.

F4 · balance_after: Reflects acquisitions made under the Company's Employee Share Purchase Plan that have occurred since the date of the reporting person's last ownership report.

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November 20, 2019 Filed Nov 22, 2019 00:48 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 PurchaseCommon shares 350 $3.07 $1,075.20
Disclosure

SEC source: 0000899243-19-027819 · doc4.xml · nonDerivative · entry 1

Krause Geoffrey D. · CIK 0001788764 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,832

F1 · price: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from C$4.085 to C$4.09, 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 sold at each separate price within the range. The weighted average share price of C$4.087 was converted using the Bank of Canada exchange rate for November 20, 2019 of C$1.3304 = US $1.00.

F2 · balance_after: Reflects acquisitions made under the Company's Employee Share Purchase Plan that have occurred since the date of the reporting person's last ownership report.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.