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Karkkainen Denise

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SEC CIK
0001788914

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CompanyLast reported asReport datePublished
DIRTT ENVIRONMENTAL SOLUTIONS LTDDRTT · Entity 6673DirectorMarch 31, 2022April 04, 2022

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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 March 31, 2022 · Filed April 04, 2022

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Deferred Share UnitSEC Table II · derivative / convertible securityDirect122,019 Reported balance After 2022-03-31 transaction · row 1 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 1 · 2022-03-31 · Grant · Acquired 40,677 · Balance 122,019

F1: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F2: The price used to calculate the number of DSUs granted was $1.441, which was the Market Value of the Issuer's Common Shares on the date of grant.

Filing footnotes · ownership attribution and instrument terms

F1: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F2: The price used to calculate the number of DSUs granted was $1.441, which was the Market Value of the Issuer's Common Shares on the date of grant.

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
March 31, 2022 Filed Apr 4, 2022 20:43 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantDeferred Share Unit · Derivative 40,677 $58,615.56 $2,384,305,134.12
Disclosure

SEC source: 0000899243-22-013359 · doc4.xml · derivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 122,019

Underlying: Common Shares · 40,677 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F2 · price: The price used to calculate the number of DSUs granted was $1.441, which was the Market Value of the Issuer's Common Shares on the date of grant.

F1 · derivative.exercise_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F1 · derivative.expiration_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

Read SEC document
March 02, 2022 Filed Mar 3, 2022 15:52 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 PurchaseCommon Shares 2,100 $1.77 $3,726.66
Disclosure

SEC source: 0000899243-22-008913 · doc4.xml · nonDerivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,400

F1 · price: These shares were purchased for C$2.2481. The price was converted using the Bank of Canada exchange rate for March 2, 2022 of C$1.2668 = US$1.00. 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 shares purchased.

Read SEC document
December 31, 2021 Filed Jan 4, 2022 19:01 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantDeferred Share Unit · Derivative 8,354 $15,312.88 $127,923,799.52
Disclosure

SEC source: 0000899243-22-000382 · doc4.xml · derivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 81,342

Underlying: Common Shares · 8,354 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F2 · price: The price used to calculate the number of DSUs granted was $1.833, which was the Market Value of the Issuer's Common Shares on the date of grant.

F1 · derivative.exercise_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F1 · derivative.expiration_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

Read SEC document
September 30, 2021 Filed Oct 4, 2021 19:23 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantDeferred Share Unit · Derivative 4,849 $15,311.20 $74,244,008.80
Disclosure

SEC source: 0000899243-21-038810 · doc4.xml · derivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,988

Underlying: Common Shares · 4,849 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F2 · price: The price used to calculate the number of DSUs granted was $3.1576, which was the Market Value of the Issuer's Common Shares on the date of grant.

F1 · derivative.exercise_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F1 · derivative.expiration_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

Read SEC document
June 30, 2021 Filed Jul 3, 2021 00:15 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantDeferred Share Unit · Derivative 3,646 $15,310.65 $55,822,629.90
Disclosure

SEC source: 0000899243-21-027393 · doc4.xml · derivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,139

Underlying: Common Shares · 3,646 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F2 · price: The price used to calculate the number of DSUs granted was $4.1993, which was the Market Value of the Issuer's Common Shares on the date of grant.

F1 · derivative.exercise_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F1 · derivative.expiration_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

Read SEC document
March 31, 2021 Filed Apr 2, 2021 23:15 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantDeferred Share Unit · Derivative 5,070 $15,312.91 $77,636,453.70
Disclosure

SEC source: 0000899243-21-014666 · doc4.xml · derivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 64,493

Underlying: Common Shares · 5,070 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F2 · price: The price used to calculate the number of DSUs granted was $3.0203, which was the Market Value of the Issuer's Common Shares on the date of grant.

F1 · derivative.exercise_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F1 · derivative.expiration_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

Read SEC document
December 31, 2020 Filed Jan 6, 2021 00:50 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantDeferred Share Unit · Derivative 6,184 $15,312.20 $94,690,644.80
Disclosure

SEC source: 0000899243-21-000520 · doc4.xml · derivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,423

Underlying: Common Shares · 6,184 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F2 · price: The price used to calculate the number of DSUs granted was $2.4761, which was the Market Value of the Issuer's Common Shares on the date of grant.

F1 · derivative.exercise_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F1 · derivative.expiration_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

Read SEC document
September 30, 2020 Filed Oct 2, 2020 20:49 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantDeferred Share Unit · Derivative 9,832 $15,312.36 $150,551,123.52
Disclosure

SEC source: 0000899243-20-026871 · doc4.xml · derivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,239

Underlying: Common Shares · 9,832 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F2 · price: The price used to calculate the number of DSUs granted was C$2.07, which was the Market Value of the Issuer's Common Shares on the date of grant, converted from Canadian dollars to U.S. dollars using the Bank of Canada daily average exchange rate for the quarter ending September 30, 2020 of C$1.33 = US $1.00.

F1 · derivative.exercise_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F1 · derivative.expiration_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

Read SEC document
June 30, 2020 Filed Jul 3, 2020 00:21 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantDeferred Share Unit · Derivative 12,716 $15,312.61 $194,715,148.76
Disclosure

SEC source: 0000899243-20-018388 · doc4.xml · derivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,407

Underlying: Common Shares · 12,716 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F2 · price: The price used to calculate the number of DSUs granted was C$1.67, which was the Market Value of the Issuer's Common Shares on the date of grant, converted from Canadian dollars to U.S. dollars using the Bank of Canada daily average exchange rate for the quarter ending June, 30 2020 of C$1.3889 = US $1.00.

F1 · derivative.exercise_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F1 · derivative.expiration_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

Read SEC document
March 21, 2020 Filed Apr 2, 2020 01:20 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantDeferred Share Unit · Derivative 14,377 $15,311.51 $220,133,579.27
Disclosure

SEC source: 0000899243-20-009918 · doc4.xml · derivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,691

Underlying: Common Shares · 14,377 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F2 · price: The price used to calculate the number of DSUs granted was C$1.43, which was the Market Value of the Issuer's Common Shares on the date of grant, converted from Canadian dollars to U.S. dollars using the Bank of Canada daily average exchange rate for the quarter ending March 31, 2019 of C$1.2988 = US $1.00.

F1 · derivative.exercise_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F1 · derivative.expiration_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

Read SEC document
March 10, 2020 Filed Mar 11, 2020 22:29 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 PurchaseCommon shares 15,000 $1.27 $19,005.00
Disclosure

SEC source: 0000899243-20-007948 · doc4.xml · nonDerivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 48,300

F1 · price: The price was converted using the Bank of Canada exchange rate for March 10, 2020 of C$1.3731 = US $1.00.

Read SEC document
December 31, 2019 Filed Jan 15, 2020 21:42 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 GrantDeferred Share Unit · Derivative 4,746 $15,566.65 $73,879,320.90
Disclosure

SEC source: 0000899243-20-001249 · doc4.xml · derivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,314

Underlying: Common Shares · 4,746 shares

Expires not disclosed

F1 · derivative.exercise_price: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F2 · price: The price used to calculate the number of DSUs granted was C$4.26, which was the Market Value of the Issuer's Common Shares on the date of grant, converted from Canadian dollars to U.S. dollars using the Bank of Canada exchange rate for December 31, 2019 of C$1.2988 = US $1.00.

F1 · derivative.exercise_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

F1 · derivative.expiration_date: Each deferred share unit is the economic equivalent of one share of the Issuer's Common Shares. Generally, on the date elected by the Reporting Person following the date that the Reporting Person ceases to serve on the board of directors of the Issuer, the deferred share units will be settled in cash based on the volume weighted average price of the Common Shares for the five immediately preceding days on which the Common Shares were trading on the Toronto Stock Exchange; provided, however that if the Issuer's Common Shares are trading on more than one exchange at such time, such calculation shall be based on the trading price over such five day period on the stock exchange with the higher average trading volume over the twenty trading days immediately prior to such date (such price the "Market Value").

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November 20, 2019 Filed Nov 21, 2019 22:09 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 PurchaseCommon shares 6,400 $3.06 $19,584.00
Disclosure

SEC source: 0000899243-19-027794 · doc4.xml · nonDerivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,300

F1 · price: Shares were purchased at C$4.07 and converted using the Bank of Canada exchange rate for November 20, 2019 of C$1.3304 = US $1.00.

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November 18, 2019 Filed Nov 19, 2019 22:59 UTC DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTT · Entity 6673 PurchaseCommon shares 3,600 $3.13 $11,268.00
Disclosure

SEC source: 0000899243-19-027602 · doc4.xml · nonDerivative · entry 1

Karkkainen Denise · CIK 0001788914 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,900

F1 · price: Shares were purchased at C$4.13 and converted using the Bank of Canada exchange rate for November 18, 2019 of C$1.3214 = US $1.00.

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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.