Sec Form 4 Filing - Noll Shaun @ DIRTT ENVIRONMENTAL SOLUTIONS LTD - 2023-09-18

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Noll Shaun
2. Issuer Name and Ticker or Trading Symbol
DIRTT ENVIRONMENTAL SOLUTIONS LTD [ DRTT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
7303 30 STREET SE
3. Date of Earliest Transaction (MM/DD/YY)
09/18/2023
(Street)
CALGARY, A0T2C1N6
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 09/18/2023 09/18/2023 P 1,399 A $ 0.38 ( 1 ) 1,146,606 D
Common Shares 09/19/2023 09/19/2023 P 104,000 A $ 0.44 ( 2 ) 1,250,606 D
Common Shares 09/20/2023 09/20/2023 P 80,000 A $ 0.4805 ( 3 ) 1,330,606 D
Common Shares 4,996,844 I ( 4 ) By 726 BC LLC
Common Shares 11,928,214 I ( 5 ) By 726 BF LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Noll Shaun
7303 30 STREET SE
CALGARY, A0T2C1N6
X X
Signatures
/s/ Fareeha Khan, as attorney-in-fact for Shaun Noll 09/22/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price reported in column 4 is a weighted average price. The price was converted using the Bank of Canada exchange rate for September 18, 2023 of C$1.3491 = US$1.00.
( 2 )The price reported in column 4 is a weighted average price. The price was converted using the Bank of Canada exchange rate for September 19, 2023 of C$1.3414 = US$1.00.
( 3 )The price reported in column 4 is a weighted average price. The price was converted using the Bank of Canada exchange rate for September 20, 2023 of C$1.3466 = US$1.00.
( 4 )Shares owned directly by 726 BC. Matthew Briger, as the Manager of 726 BC, may be deemed to beneficially own the shares of the Issuer owned directly by 726 BC. Shaun Noll, Chief Investment Officer and President of 726 BC, has been delegated power to vote and dispose of the securities owned by 726 BC and, accordingly, Shaun Noll may be deemed to beneficially own the shares of the Issuer owned directly by 726 BC.
( 5 )Shares owned directly by 726 BF. Peter L. Briger Jr., as the Manager of 726 BF, may be deemed to beneficially own the shares of the Issuer owned directly by 726 BF. Shaun Noll, Chief Investment Officer and President of 726 BF, has been delegated power to vote and dispose of the securities owned by 726 BF and, accordingly, Shaun Noll may be deemed to beneficially own the shares of the Issuer owned directly by 726 BF

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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