Burmeister Norman William 4
4 · RARE ELEMENT RESOURCES LTD · Filed Jan 5, 2012
Insider Transaction Report
Form 4
Burmeister Norman William
Director
Transactions
- Exercise/Conversion
Common Stock
2012-01-03$0.55/sh+50,000$27,500→ 380,000 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-01-03−50,000→ 0 totalExercise: $0.55From: 2007-01-10Exp: 2012-01-10→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Amount expressed in Canadian Dollars.
- [F2]Options vested as follows: 20% of the options vested 4 months from 1/10/07 ("Grant Date"); 20% of the options vested 8 months from Grant Date; 20% of the options vested 12 months from Grant Date; 20% of options vested 15 months from Grant Date; 20% of the options vested 18 months from Grant Date.