Beehouse Form 4 Lowell Farms / Gregory Parker Heyman 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^*

Beehouse, LLC

(Last) (First) (Middle)

C/O EISNER LLP

152 W. 57TH STREET, 48TH FLOOR

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2024

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
Subordinate Voting Shares	02/27/2024		S		26,840	D	$0.16(1)	2,768,669(2)	I	see footnote(3)
Subordinate Voting Shares	02/28/2024		S		30,000	D	$0.1604(4)	2,738,669	I	see footnote(3)
Subordinate Voting Shares	03/27/2024		S		9,684	D	$0.1541(5)	2,728,985	I	see footnote(3)
Subordinate Voting Shares	03/28/2024		S		61,289	D	$0.1266(6)	2,667,696	I	see footnote(3)
Subordinate Voting Shares	04/01/2024		S		10,500	D	$0.1295	2,657,196	I	see footnote(3)
Subordinate Voting Shares	04/03/2024		S		55,000	D	$0.1253(7)	2,602,196	I	see footnote(3)
Subordinate Voting Shares	04/05/2024		S		16,500	D	$0.1224(8)	2,585,696	I	see footnote(3)
Subordinate Voting Shares	04/08/2024		S		197,000	D	$0.1368(9)	2,388,696	I	see footnote(3)
Subordinate Voting Shares	02/27/2024		S		22,000	D	$0.1513(10)	597,872	I	see footnote(11)
Subordinate Voting Shares	03/04/2024		S		1,500	D	$0.1533(12)	596,372	I	see footnote(11)
Subordinate Voting Shares	03/06/2024		S		5,000	D	$0.1525	591,372	I	see footnote(11)
Subordinate Voting Shares	03/12/2024		S		20,000	D	$0.15	571,372	I	see footnote(11)
Subordinate Voting Shares								5,000	D(13)

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^*

Beehouse, LLC

(Last) (First) (Middle)

C/O EISNER LLP

152 W. 57TH STREET, 48TH FLOOR

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Beehouse Manager, LLC

(Last) (First) (Middle)

C/O EISNER LLP

152 W. 57TH STREET, 48TH FLOOR

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Heyman Gregory Parker

(Last) (First) (Middle)

C/O EISNER LLP

152 W. 57TH STREET, 48TH FLOOR

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.15 to $0.18. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. In August 2023, the Issuer effected a reverse stock split consolidating all of its shares on the basis of one post-consolidation share for every ten pre-consolidation shares, effective August 31, 2023.

3. 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.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.16 to $0.18. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.152 to $0.155. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.125 to $0.1511. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.12 to $0.13. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.12 to $0.124. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.127 to $0.14. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.15 to $0.1556. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

11. 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.

12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $0.14 to $0.18. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

13. The reported shares are directly owned by Mr. Heyman in his personal capacity.

	Beehouse, LLC, /s/ Gregory P. Heyman, as Sole Member of Manager	04/22/2024
	Beehouse Manager, LLC, /s/ Gregory P. Heyman, as Sole Member	04/22/2024
	/s/ Gregory P. Heyman	04/22/2024
	** Signature of Reporting Person	Date
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