0000950170-24-080334.txt : 20240702 0000950170-24-080334.hdr.sgml : 20240702 20240702151307 ACCESSION NUMBER: 0000950170-24-080334 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240702 DATE AS OF CHANGE: 20240702 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Noll Shaun CENTRAL INDEX KEY: 0001821774 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39061 FILM NUMBER: 241094612 MAIL ADDRESS: STREET 1: 55 SPEAR STREET, 42ND FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94101 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DIRTT ENVIRONMENTAL SOLUTIONS LTD CENTRAL INDEX KEY: 0001340476 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology 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 ownership.xml 4 X0508 4 2024-06-30 0001340476 DIRTT ENVIRONMENTAL SOLUTIONS LTD DRTTF 0001821774 Noll Shaun 7303 30 STREET SE CALGARY A0 T2C1N6 ALBERTA, CANADA true false true false false Deferred Share Unit 2024-06-30 4 A false 89141 0.42 A Common Shares 89141 603478 D Each deferred share unit ("DSU") was granted pursuant to the DIRTT Environmental Solutions Ltd. Amended and Restated Long Term Incentive Plan and is the economic equivalent of one common share (a "Common Share") of DIRTT Environmental Solutions Ltd. (the "Issuer"). All DSUs settle following the cessation of service and employment with the Issuer (the "Termination Date"). For directors who are subject to taxation in the United States ("US Directors"), the DSUs will settle no later than forty days following the Termination Date. Each DSU will be settled in one Common Share or in the cash equivalent of such Common Shares, calculated based on the closing price of the Common Shares on the day prior to the 30th day following separation from service for US Directors The price used to calculate the number of DSUs granted was C$0.57, which was the closing price Issuer's Common Shares as reported on the Toronto Stock Exchange on June 28, 2024. The price was converted using the Bank of Canada exchange rate for June 28, 2024 of C$1.3687 = US$1.00 /s/ Fareeha Khan, as attorney-in-fact for Shaun Noll 2024-07-02