MONTENEGRO JENNY (Chief Operating Officer) exercised options at LOWELL FARMS INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
Subordinate Voting Shares
Shares
+28.33K
Price / share
—
Trade value
—
% of position
Subordinate Voting Shares
Shares
−13.23K
Price / share
$3.54K
Trade value
$46.86M
% of position
Net shares
+15.11K
Net value
-$46.86M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Subordinate Voting Shares Direct | 1/1/2022 | M · Option Exercise | +28.33K | — | — | 792.3% | 3.58K | 31.91K |
| Subordinate Voting Shares Direct | 1/1/2022 | F · Tax Withholding | −13.23K | $3.54K | $46.86M | 41.4% | 31.91K | 18.68K |
| Total | +15.11K | -$46.86M | ||||||
Restricted Stock Units
Subordinate Voting Shares
28.33K shares
Shares
−28.33K
Strike price
Held after
56.67K
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Subordinate Voting Shares28.33K shares | 1/1/2022 | M · Option Exercise | −28.33K | — | 56.67K |
Stock options (right to buy)
DirectUnderlying shares
300K
Shares owned
300K
Exercise price
0.346
Expiration
—
Exercise window
—
Stock options (right to buy)
DirectUnderlying shares
15K
Shares owned
15K
Exercise price
0.85
Expiration
—
Exercise window
—
Stock options (right to buy)
DirectUnderlying shares
40K
Shares owned
40K
Exercise price
0.68
Expiration
—
Exercise window
—
Underlying
355K
Owned
355K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Stock options (right to buy) Direct | Subordinate Voting Shares | 0.346 | — | — | 300K | 300K |
| Stock options (right to buy) Direct | Subordinate Voting Shares | 0.85 | — | — | 15K | 15K |
| Stock options (right to buy) Direct | Subordinate Voting Shares | 0.68 | — | — | 40K | 40K |
| Total | 355K | 355K | ||||