Filing Details

Accession Number:
0000919574-21-005664
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-01 16:41:41
Reporting Period:
2021-08-30
Accepted Time:
2021-09-01 16:41:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1838128 Lowell Farms Inc. LOWLF () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1722739 Beehouse, Llc 660 Madison Avenue
14Th Floor
New York NY 10065
No No Yes No
1860758 Parker Gregory Heyman 660 Madison Avenue
14Th Floor
New York NY 10065
No No Yes No
1860869 Beehouse Manager, Llc 660 Madison Avenue
14Th Floor
New York NY 10065
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Subordinate Voting Shares Acquisiton 2021-08-30 10,000,000 $0.00 34,827,140 No 4 P Indirect see footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect see footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Subordinate Voting Shares Warrants (right to buy) Acquisiton 2021-08-30 5,000,000 $0.00 5,000,000 $1.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,000,000 2021-08-30 2024-08-30 No 4 P Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Subordinate Voting Shares Warrants (right to buy) $1.81 2020-12-21 2023-12-21 223,500 223,500 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2023-12-21 223,500 223,500 Indirect
Footnotes
  1. 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.
  2. 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.
  3. 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.
  4. 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.