0000899243-23-007079.txt : 20230303
0000899243-23-007079.hdr.sgml : 20230303
20230303194053
ACCESSION NUMBER: 0000899243-23-007079
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230301
FILED AS OF DATE: 20230303
DATE AS OF CHANGE: 20230303
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Somayaji Nandini
CENTRAL INDEX KEY: 0001941797
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39061
FILM NUMBER: 23707011
MAIL ADDRESS:
STREET 1: 7303 30 STREET S.E.
CITY: CALGARY
STATE: A0
ZIP: T2C 1N6
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DIRTT ENVIRONMENTAL SOLUTIONS LTD
CENTRAL INDEX KEY: 0001340476
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: A0
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 7303 30 ST S E
CITY: CALGARY ALBERTA T2C 1N6 CAN
STATE: A0
ZIP: T2C 1N6
BUSINESS PHONE: 403-723-5000
MAIL ADDRESS:
STREET 1: 7303 30 ST S E
CITY: CALGARY ALBERTA T2C 1N6 CAN
STATE: A0
ZIP: T2C 1N6
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2023-03-01
0
0001340476
DIRTT ENVIRONMENTAL SOLUTIONS LTD
DRTT
0001941797
Somayaji Nandini
7303-30TH STREET SE
CALGARY
A0
T2C 1N6
ALBERTA, CANADA
0
1
0
0
See Remarks
Common Shares
2023-03-01
4
M
0
4525
A
56270
D
Common Shares
2023-03-01
4
F
0
2512
0.66
D
53758
D
Common Shares
2023-03-01
4
M
0
11236
A
64994
D
Common Shares
2023-03-01
4
F
0
6245
0.66
D
58749
D
Restricted Share Units
2022-03-01
4
M
0
4525
0.00
A
Common Shares
4525
4525
D
Restricted Share Units
2022-03-01
4
M
0
11236
0.00
A
Common Shares
11236
22472
D
On March 1, 2021, the reporting person was granted 13,575 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 Common Share of the Issuer 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. One-third of the RSUs vested on March 1, 2023 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
On March 1, 2022, the reporting person was granted 33,708 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 Common Share of the Issuer 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. One-third of the RSUs vested on March 1, 2023 and were converted into Common Stock on a one-to-one basis at the Issuer's discretion.
General Counsel & Corporate Secretary.
/s/ Nandini Somayaji
2023-03-03