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
- 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.
- 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.
- 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.
- 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.
- 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.