4//SEC Filing
Ainsworth Mark L 4
Accession 0001654954-23-010900
CIK 0001838128other
Filed
Aug 14, 8:00 PM ET
Accepted
Aug 15, 8:37 PM ET
Size
15.0 KB
Accession
0001654954-23-010900
Insider Transaction Report
Form 4
Lowell Farms Inc.LOWLF
Ainsworth Mark L
DirectorChief Executive Officer
Transactions
- Award
Stock Options (right to buy)
2023-08-01+1,750,000→ 1,750,000 totalExercise: $0.04From: 2023-08-01Exp: 2029-08-01→ Subordinate Voting Shares (1,750,000 underlying)
Holdings
- 33,334
Restricted Stock Units
→ Subordinate Voting Shares (33,334 underlying) - 75,000
Stock Options (right to buy)
Exercise: $0.09Exp: 2028-12-23→ Subordinate Voting Shares (75,000 underlying) - 150,000
Stock Options (right to buy)
Exercise: $0.09Exp: 2028-12-23→ Subordinate Voting Shares (150,000 underlying) - 125,000
Stock Options (right to buy)
Exercise: $0.31Exp: 2028-01-13→ Subordinate Voting Shares (125,000 underlying) - 75,000
Stock Options (right to buy)
Exercise: $0.31Exp: 2028-01-13→ Subordinate Voting Shares (75,000 underlying) - 50,000
Stock Options (right to buy)
Exercise: $0.85Exp: 2026-01-01→ Subordinate Voting Shares (50,000 underlying) - 500,000
Stock Options (right to buy)
Exercise: $0.35Exp: 2026-04-05→ Subordinate Voting Shares (500,000 underlying)
Footnotes (8)
- [F1]Each RSU represents a contingent right to receive one Subordinate Voting Share on the vesting date.
- [F2]The RSUs vest in three equal annual installments beginning on December 23, 2021.
- [F3]25% of the options vest and become exercisable at the end of each calendar quarter in 2023.
- [F4]25% of the options vest and become exercisable on each of the first four anniversaries of the date of grant.
- [F5]25% of the options vest and become exercisable on each of the first four anniversaries of the date of grant.
- [F6]25% of the options vest and become exercisable at the end of each calendar quarter in 2022.
- [F7]25% of the options were vested and exercisable as of the date of this reporting person's Form 3. The remainder of the options vest and become exercise in three equal annual installments beginning on January 1, 2022.
- [F8]25% of the options were vested and exercisable as of the date of this reporting person's Form 3. The remainder of the options vest and become exercisable in three equal annual installments beginning on April 15, 2022.
Documents
Issuer
Lowell Farms Inc.
CIK 0001838128
Entity typeother
Related Parties
1- filerCIK 0001861849
Filing Metadata
- Form type
- 4
- Filed
- Aug 14, 8:00 PM ET
- Accepted
- Aug 15, 8:37 PM ET
- Size
- 15.0 KB