4//SEC Filing
Beehouse, LLC 4
Accession 0000919574-21-005664
CIK 0001838128other
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 4:41 PM ET
Size
13.3 KB
Accession
0000919574-21-005664
Insider Transaction Report
Form 4
Lowell Farms Inc.LOWLF
Beehouse, LLC
10% Owner
Transactions
- Purchase
Subordinate Voting Shares
2021-08-30+10,000,000→ 34,827,140 total(indirect: see footnote) - Purchase
Warrants (right to buy)
2021-08-30+5,000,000→ 5,000,000 total(indirect: see footnote)Exercise: $1.40From: 2021-08-30Exp: 2024-08-30→ Subordinate Voting Shares (5,000,000 underlying)
Holdings
- 223,500(indirect: see footnote)
Warrants (right to buy)
Exercise: $1.81From: 2020-12-21Exp: 2023-12-21→ Subordinate Voting Shares (223,500 underlying)
Footnotes (4)
- [F1]Beehouse Partners LP ("Beehouse Partners") acquired 10,000,000 units (each, a "Unit") consisting of one share of Subordinate Voting Shares and one-half of one share purchase warrant at a purchase price of $1.00 per Unit.
- [F2]The Hacienda Company ("THC") and Beehouse Partners are the record holders of the reported shares. Beehouse, LLC is the investment manager of two funds that collectively own a majority interest in THC, and is also the investment manager of Beehouse Partners. Gregory P. Heyman is the sole and managing member of Beehouse Manager, LLC, which is the manager of Beehouse, LLC. Each of Mr. Heyman, Beehouse, LLC, and Beehouse Manager, LLC disclaims beneficial ownership of the reported shares except to the extent of his or its pecuniary interest therein.
- [F3]Beehouse Partners is the record holder of the reported warrants. Each of Mr. Heyman, Beehouse, LLC, and Beehouse Manager, LLC disclaims beneficial ownership of the shares underlying the reported warrants except to the extent of his or its pecuniary interest therein.
- [F4]The exercise price was converted from $2.20 CAD using the closing rate of exchange of the Bank of Canada on May 7, 2021. The actual exercise price is the Canadian dollar amount regardless of the exchange rate on the date of exercise.
Documents
Issuer
Lowell Farms Inc.
CIK 0001838128
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001722739
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 4:41 PM ET
- Size
- 13.3 KB