SHURE BRIAN

PrivateCIK: 1861410

Location

SALINAS, CA

SHURE BRIAN (Chief Financial 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

SHURE BRIAN

Filed: 12/29/2022ACC: 0001654954-22-017056

InsiderSHURE BRIANCIK 1861410

→

IssuerLOWELL FARMS INC.CIK 1838128

DirectorOfficer· Chief Financial Officer

Since May 2021

+225K

Net shares

Net buyer

$0.00

Total acquired

0

Open market trades

0B · 0S

4

Total transactions

250K acquired · 25K disposed

Non-Derivative Transactions1

Subordinate Voting Shares

Direct

M · Option Exercise

Shares

+25K

Price / share

—

Trade value

—

% of position

41.8%

12/23/2022

59.78K→84.78K

Total

Net shares

+25K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Subordinate Voting Shares Direct	12/23/2022	M · Option Exercise	+25K	—	—	41.8%	59.78K	84.78K
Total			+25K		$0.00

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Subordinate Voting Shares

25K shares

Shares

−25K

Strike price

Held after

25K

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 Shares25K shares	12/23/2022	M · Option Exercise	−25K		—	25K
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)4

Subordinate Voting Shares

Indirect

Shares owned1.88M

Subordinate Voting Shares

Indirect

Shares owned300K

Subordinate Voting Shares

Indirect

Shares owned184.80K

Subordinate Voting Shares

Indirect

Shares owned824K

Total

3.19M indirect3.19M

Security Title	Shares Owned	Ownership Type
Subordinate Voting Shares	1.88M	Indirect
Subordinate Voting Shares	300K	Indirect
Subordinate Voting Shares	184.80K	Indirect
Subordinate Voting Shares	824K	Indirect
Total	3.19M	3.19M indirect

Derivative Holdings (Post-Transaction)3

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

75K

Shares owned

75K

Exercise price

0.3077

Expiration

—

Exercise window

—

Stock Options (right to buy)

Direct

Underlying security

Subordinate Voting Shares

Underlying shares

300K

Shares owned

300K

Exercise price

0.3077

Expiration

—

Exercise window

—

Total

Underlying

500K

Owned

500K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options (right to buy) Direct	Subordinate Voting Shares	0.3077	—	—	125K	125K
Stock Options (right to buy) Direct	Subordinate Voting Shares	0.3077	—	—	75K	75K
Stock Options (right to buy) Direct	Subordinate Voting Shares	0.3077	—	—	300K	300K
Total					500K	500K

SHURE BRIAN — Insider Transaction (Form 4) Filed Dec 29, 2022 | Finecho