AINSWORTH MARK L

PrivateCIK: 1861849

Location

SALINAS, CA

AINSWORTH MARK L (Chief Executive Officer) exercised options at LOWELL FARMS INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

AINSWORTH MARK L

Filed: 12/29/2022ACC: 0001654954-22-017060

InsiderAINSWORTH MARK LCIK 1861849

→

IssuerLOWELL FARMS INC.CIK 1838128

DirectorOfficer· Chief Executive Officer

Since May 2021

+191.67K

Net shares

Net buyer

$2.8K

Total sold

0

Open market trades

0B · 0S

5

Total transactions

258.33K acquired · 66.67K disposed

Non-Derivative Transactions2

Subordinate Voting Shares

Direct

M · Option Exercise

Shares

+33.33K

Price / share

—

Trade value

—

% of position

7.4%

12/23/2022

450K→483.33K

Subordinate Voting Shares

Direct

F · Tax Withholding

Shares

−33.33K

Price / share

$0.09

Trade value

$2.83K

% of position

6.9%

12/23/2022

483.33K→450K

Total

Net shares

+0.00

Net value

-$2.83K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Subordinate Voting Shares Direct	12/23/2022	M · Option Exercise	+33.33K	—	—	7.4%	450K	483.33K
Subordinate Voting Shares Direct	12/23/2022	F · Tax Withholding	−33.33K	$0.09	$2.83K	6.9%	483.33K	450K
Total			+0.00		-$2.83K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Subordinate Voting Shares

33.33K shares

Shares

−33.33K

Strike price

Held after

33.33K

Exercisable

—

12/23/2022

Stock Options (right to buy)

Direct

A · Award

Converts to

Subordinate Voting Shares

75K shares

Shares

+75K

Strike price

0.085

Held after

75K

Exercisable

—

12/23/2022

Stock Options (right to buy)

Direct

A · Award

Converts to

Subordinate Voting Shares

150K shares

Shares

+150K

Strike price

0.085

Held after

150K

Exercisable

—

12/23/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Subordinate Voting Shares33.33K shares	12/23/2022	M · Option Exercise	−33.33K		—	33.33K
Stock Options (right to buy) Direct	Subordinate Voting Shares75K shares	12/23/2022	A · Award	+75K	0.085	—	75K
Stock Options (right to buy) Direct	Subordinate Voting Shares150K shares	12/23/2022	A · Award	+150K	0.085	—	150K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

Stock Options (right to buy)

Direct

Underlying security

Subordinate Voting Shares

Underlying shares

75K

Shares owned

75K

Exercise price

0.3077

Expiration

—

Exercise window

—

Stock Options (right to buy)

Direct

Underlying security

Subordinate Voting Shares

Underlying shares

50K

Shares owned

50K

Exercise price

0.85

Expiration

—

Exercise window

—

Stock Options (right to buy)

Direct

Underlying security

Subordinate Voting Shares

Underlying shares

125K

Shares owned

125K

Exercise price

0.3077

Expiration

—

Exercise window

—

Stock Options (right to buy)

Direct

Underlying security

Subordinate Voting Shares

Underlying shares

500K

Shares owned

500K

Exercise price

0.346

Expiration

—

Exercise window

—

Total

Underlying

750K

Owned

750K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options (right to buy) Direct	Subordinate Voting Shares	0.3077	—	—	75K	75K
Stock Options (right to buy) Direct	Subordinate Voting Shares	0.85	—	—	50K	50K
Stock Options (right to buy) Direct	Subordinate Voting Shares	0.3077	—	—	125K	125K
Stock Options (right to buy) Direct	Subordinate Voting Shares	0.346	—	—	500K	500K
Total					750K	750K

AINSWORTH MARK L — Insider Transaction (Form 4) Filed Dec 29, 2022 | Finecho