Hanneman Karl L 4
4 · INTERNATIONAL TOWER HILL MINES LTD · Filed May 25, 2023
Insider Transaction Report
Form 4
Hanneman Karl L
DirectorChief Executive Officer
Transactions
- Award
Stock Options (right to buy)
2023-05-23+150,000→ 150,000 totalExercise: $0.47Exp: 2029-05-23→ Common Stock (150,000 underlying) - Award
Deferred Stock Units
2023-05-23+131,746→ 131,746 total→ Common Stock (131,746 underlying)
Footnotes (4)
- [F1]Each deferred stock unit represents the right to receive one common share.
- [F2]The reported deferred stock units vested in full on the date of grant and the Reporting Person will receive the shares underlying the deferred stock units upon the Reporting Person's end of service as a Director.
- [F3]The exercise price was converted from CAD 0.63 to USD 0.47, based on the May 23, 2023 exchange rate as quoted by the Bank of Canada. The exercise price is the actual Canadian dollar amount regardless of the exchange rate on the date of exercise.
- [F4]One-third of the options vested on the date of grant and the remaining options will vest in two equal annual installments beginning on the first anniversary of the date of grant.