Filing Details

Accession Number:
0000895345-23-000669
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-05 16:00:37
Reporting Period:
2023-12-04
Accepted Time:
2023-12-05 16:00:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1340476 Dirtt Environmental Solutions Ltd DRTTF Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1380193 Jr L Peter Briger 1345 Avenue Of The Americas
46Th Floor
New York NY 10105
No No No No
1821774 Shaun Noll 7303 30 Street Se
Calgary A0 T2C1N6
No No No No
1835261 726 Bc Llc 455 North City Front Plaza Drive
Suite 1730
Chicago IL 60611
No No No No
1835334 Matthew Briger 455 North City Front Plaza Drive
Suite 1730
Chicago IL 60611
No No No No
1835423 726 Bf Llc 314 Lytton Avenue, Suite 200
Palo Alto CA 94301
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Disposition 2023-12-01 4,996,844 $0.00 0 No 4 J Indirect By 726 BC LLC
Common Shares Disposition 2023-12-01 11,928,214 $0.00 0 No 4 J Indirect By 726 BF LLC
Common Shares Acquisiton 2023-12-01 3,939,925 $0.28 22,185,432 No 4 P Indirect WWT Opportunity #1 LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect By 726 BC LLC
No 4 J Indirect By 726 BF LLC
No 4 P Indirect WWT Opportunity #1 LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares 10,157 Direct
Footnotes
  1. On December 1, 2023: 726 BF LLC ("726 BF") contributed 11,928,214 DIRTT Environmental Solutions Ltd. common shares (the "Common Shares"), no par value, to a newly-formed LLC, WWT Opportunity #1 LLC ("WWT1"); 726 BC LLC ("726 BC") contributed 4,996,844 Common Shares to WWT1; and Shaun Noll contributed 1,320,449 Common Shares to WWT1.
  2. Peter Briger, as the Manager of 726 BF, may have been deemed to beneficially own the Common Shares held by 726 BF. Mr. Noll was delegated power to dispose of the securities owned by 726 BF and, accordingly, Mr. Noll may have been deemed to beneficially own the Common Shares held by 726 BF for the purposes of Section 13(d) of the Securities Exchange Act of 1934 (the "Exchange Act"). This Form 4 shall not be deemed an admission that Mr. Noll was, for purposes of Section 16 of the Exchange Act, a beneficial owner of Common Shares held by 726 BF.
  3. Matthew Briger, as the Manager of 726 BC, may be deemed to beneficially own the shares of the Issuer owned directly by 726 BC. Mr. Noll was delegated power to dispose of the securities owned by 726 BC and, accordingly, Mr. Noll may have been deemed to beneficially own the Common Shares held by 726 BC for the purposes of Section 13(d) of the Exchange Act. This Form 4 shall not be deemed an admission that Mr. Noll was, for purposes of Section 16 of the Exchange Act, a beneficial owner of Common Shares held by 726 BC.
  4. WWT1 purchased these Common Shares from a third party for CA$0.38 per Common Share. The price of US$0.2813 per Common Share reported above reflects a daily exchange rate of CA$1.3507 per US dollar on December 1, 2023, as reported by the Bank of Canada on December 4, 2023.
  5. Mr. Noll, as the Managing Member of WWT1, may be deemed a beneficial owner of Common Shares held by WWT1, but disclaims such beneficial ownership except to the extent of his pecuniary interest therein.