Anton William Conrad 4

Accession 0001654954-22-000170

CIK 0001838128other

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 9:28 PM ET

Size

18.4 KB

Accession

0001654954-22-000170

Form 4

Period: 2021-12-31

Director

Transactions

Exercise/Conversion
Subordinate Voting Shares
2021-12-31+75,000→ 135,000 total
Exercise/Conversion
Restricted Stock Units
2021-12-31−75,000→ 0 total
→ Subordinate Voting Shares (75,000 underlying)

Holdings

Warrants (rights to buy)
(indirect: See Footnote)
Exercise: $1.40From: 2021-08-30Exp: 2024-08-30→ Subordinate Voting Shares (100,000 underlying)
100,000
Subordinate Voting Shares
(indirect: See Footnote)
200,000
Class B Common Shares of Indus Holding Company
(indirect: See Footnote)
→ Subordinate Voting Shares (532,917 underlying)
532,917
Stock options (right to buy)
Exercise: $2.03From: 2018-07-18Exp: 2024-07-18→ Subordinate Voting Shares (10,000 underlying)
10,000
Class B Common Shares of Indus Holding Company
→ Subordinate Voting Shares (460,000 underlying)
460,000
Warrants (right to buy)
(indirect: See Footnote)
Exercise: $0.28From: 2020-07-01Exp: 2023-10-13→ Subordinate Voting Shares (1,026,095 underlying)
1,026,095
Warrants (right to buy Class B Common Shares)
(indirect: See Footnote)
Exercise: $2.03From: 2016-10-31Exp: 2026-12-20→ Subordinate Voting Shares (245,724 underlying)
245,724
Convertible Debenture of Indus Holding Company
(indirect: See Footnote)
Exercise: $0.20From: 2020-07-01Exp: 2023-10-13→ Subordinate Voting Shares (1,026,095 underlying)
1,026,095

Footnotes (6)

[F1]Held by Anton Enterprises Inc. Mr. Anton is the President and sole stockholder of Anton Enterprises Inc.
[F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one Subordinate Voting Share on the vesting date
[F3]The RSUs vested on December 31, 2021.
[F4]Class B Common Shares may be redeemed at the option of the holder for Subordinate Voting Shares of the issuer on a one-for-one basis or, at the option of Indus Holding Company, for the cash equivalent of such Subordinate Voting Shares, as determined in accordance with the certificate of incorporation of Indus Holding Company. Class B Common Shares may be redeemed at any time and have no expiration date.
[F5]. The principal amount of the Convertible Debentures is convertible into Class C Common Shares of Indus Holding Company ("Class C Common Shares"). Class C Common Shares may be redeemed at the option of the holder for Subordinate Voting Shares of the issuer on a one-for-one basis in accordance with the certificate of incorporation of Indus Holding Company. Class C Common Shares may be redeemed at any time and have no expiration date.
[F6]. Interest accrues on the Convertible Debenture and is payable quarterly in arrears; any accrued and unpaid interest at the time of conversion of the Convertible Debenture is convertible into additional Class C Common Shares at $0.20 per share.

Documents

1 file

Lowell Farms Inc.

CIK 0001838128

Entity typeother