Dirtt Environmental Solutions (DRTTF) Form 4 DIRTT ENVIRONMENTAL SOLUTIONS / Shaun Noll ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Noll Shaun

(Last) (First) (Middle)

55 SPEAR STREET, 42ND FLOOR

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DIRTT ENVIRONMENTAL SOLUTIONS LTD [ DRTT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/14/2021

4. If Amendment, Date of 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

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
Common Shares(1)	07/14/2021		P		37,500	A	$4.18(2)	341,757	D
Common Shares(1)	07/15/2021		P		15,200	A	$4.508(3)	356,957	D
Common Shares(1)	07/16/2021		P		7,000	A	$4.601(4)	363,957	D
Common Shares(1)								7,632,698	I(5)	By 726 BF
Common Shares(1)								2,639,126	I(6)	By 726 BC
Common Shares(1)								16,390	I	By Spouse

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 Securities Underlying Derivative Security (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: 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

1. Name and Address of Reporting Person^*

Noll Shaun

(Last) (First) (Middle)

55 SPEAR STREET, 42ND FLOOR

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Briger Peter L JR

(Last) (First) (Middle)

1345 AVENUE OF THE AMERICAS

46TH FLOOR

(Street)

NEW YORK NY 10105

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

726 BF LLC

(Last) (First) (Middle)

314 LYTTON AVENUE, SUITE 200

(Street)

PALO ALTO CA 94301

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Briger Matthew

(Last) (First) (Middle)

455 NORTH CITY FRONT PLAZA DRIVE

SUITE 1730

(Street)

CHICAGO IL 60611

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

726 BC LLC

(Last) (First) (Middle)

455 NORTH CITY FRONT PLAZA DRIVE

SUITE 1730

(Street)

CHICAGO IL 60611

(City) (State) (Zip)

Explanation of Responses:

1. This Form 4 is filed jointly by 726 BC LLC ("726 BC"), 726 BF LLC ("726 BF"), Peter L. Briger Jr., Matthew Briger and Shaun Noll (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group which collectively owns more than 10% of the Issuer's outstanding shares. Each of the Reporting Persons disclaims beneficial ownership of the shares reported owned herein except to the extent of his or its pecuniary interest therein.

2. This transaction was executed in multiple trades at prices ranging from $4.13 to $4.21. The price above reflects the weighted average sale price.

3. This transaction was executed in multiple trades at prices ranging from $4.47 to $4.51. The price above reflects the weighted average sale price.

4. This transaction was executed in multiple trades at prices ranging from $4.58 to $4.61. The price above reflects the weighted average sale price.

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.

6. 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.

	/s/ Shaun Noll	07/16/2021
	/s/ Shaun Noll, on behalf of Peter L. Briger Jr.	07/16/2021
	726 BF LLC; By: /s/ Shaun Noll, Chief Investment Officer and President	07/16/2021
	/s/ Shaun Noll, on behalf of Matthew Briger	07/16/2021
	726 BC LLC; By: /s/ Shaun Noll, Chief Investment Officer and President	07/16/2021
	** Signature of Reporting Person	Date
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).
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