Lowell Farms Inc.

11/14/2024 | Press release | Distributed by Public on 11/14/2024 18:54

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Beehouse, LLC
2. Issuer Name and Ticker or Trading Symbol
Lowell Farms Inc. [LOWLF]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O EISNER LLP, 152 W. 57TH STREET, 48TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
07/12/2024
(Street)
NEW YORK, NY 10019
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
Subordinate Voting Shares 07/12/2024 S 46,995 D $0.0401 1,841,701 I see footnote(1)
Subordinate Voting Shares 07/16/2024 S 58,555 D $0.045 1,783,146 I see footnote(1)
Subordinate Voting Shares 07/23/2024 S 980 D $0.033 1,782,166 I see footnote(1)
Subordinate Voting Shares 07/25/2024 S 289,390 D $0.02 1,492,776 I see footnote(1)
Subordinate Voting Shares 07/26/2024 S 50,000 D $0.02 1,442,776 I see footnote(1)
Subordinate Voting Shares 08/06/2024 S 27,700 D $0.035 1,415,076 I see footnote(1)
Subordinate Voting Shares 08/13/2024 S 5,205 D $0.035 1,409,871 I see footnote(1)
Subordinate Voting Shares 08/14/2024 S 117,500 D $0.0212 1,292,371 I see footnote(1)
Subordinate Voting Shares 08/19/2024 S 77,579 D $0.02 1,214,792 I see footnote(1)
Subordinate Voting Shares 09/12/2024 S 200,000 D $0.0127 1,014,792 I see footnote(1)
Subordinate Voting Shares 09/16/2024 S 220,833 D $0.0111 793,959 I see footnote(1)
Subordinate Voting Shares 09/18/2024 S 218,999 D $0.0105 574,960 I see footnote(1)
Subordinate Voting Shares 09/25/2024 S 38,500 D $0.0108 536,460 I see footnote(1)
Subordinate Voting Shares 09/26/2024 S 26,000 D $0.011 510,460 I see footnote(1)
Subordinate Voting Shares 09/30/2024 S 18,000 D $0.012 492,460 I see footnote(1)
Subordinate Voting Shares 10/03/2024 S 1,269 D $0.017 491,191 I see footnote(1)
Subordinate Voting Shares 10/07/2024 S 170,472 D $0.0101 320,719 I see footnote(1)
Subordinate Voting Shares 10/10/2024 S 49,100 D $0.0126 271,619 I see footnote(1)
Subordinate Voting Shares 10/15/2024 S 271,619 D $0.0098 0 I see footnote(1)
Subordinate Voting Shares 08/20/2024 S 16,000 D $0.0194 555,372 I see footnote(2)
Subordinate Voting Shares 08/29/2024 S 97,000 D $0.018 458,372 I see footnote(2)
Subordinate Voting Shares 08/30/2024 S 108,688 D $0.0199 349,684 I see footnote(2)
Subordinate Voting Shares 09/04/2024 S 168,811 D $0.0121 180,873 I see footnote(2)
Subordinate Voting Shares 09/10/2024 S 180,873 D $0.012 0 I see footnote(2)
Subordinate Voting Shares 5,000 D(3)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Beehouse, LLC
C/O EISNER LLP
152 W. 57TH STREET, 48TH FLOOR
NEW YORK, NY 10019
X
Beehouse Manager, LLC
C/O EISNER LLP
152 W. 57TH STREET, 48TH FLOOR
NEW YORK, NY 10019
X
Heyman Gregory Parker
660 MADISON AVENUE
14TH FLOOR
NEW YORK, NY 10065
X

Signatures

Beehouse, LLC, /s/ Gregory P. Heyman, as Sole Member of Manager 11/14/2024
**Signature of Reporting Person Date
Beehouse Manager, LLC, /s/ Gregory P. Heyman, as Sole Member 11/14/2024
**Signature of Reporting Person Date
/s/ Gregory P. Heyman 11/14/2024
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The Hacienda Company, LLC ("THC") and Beehouse Partners LP ("Beehouse Partners") are the record holders of the reported shares. Beehouse, LLC is the investment manager of two funds that collectively own a majority interest in THC, and is also the investment manager of Beehouse Partners. Gregory P. Heyman is the sole and managing member of Beehouse Manager, LLC, which is the manager of Beehouse, LLC. Each of Mr. Heyman, Beehouse, LLC, and Beehouse Manager, LLC disclaims beneficial ownership of the reported shares except to the extent of his or its pecuniary interest therein.
(2) Beehouse, LLC is the investment manager of two funds that are the record holders of the reported shares. Gregory P. Heyman is the sole and managing member of Beehouse Manager, LLC, which is the manager of Beehouse, LLC. Each of Mr. Heyman, Beehouse, LLC, and Beehouse Manager, LLC disclaims beneficial ownership of the reported shares except to the extent of his or its pecuniary interest therein.
(3) The reported shares are directly owned by Mr. Heyman in his personal capacity.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.