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|4Jan 6, 5:54 PM ET

Brown Mark Thomas 4

4 · RARE ELEMENT RESOURCES LTD · Filed Jan 6, 2012

Insider Transaction Report

Form 4
Period: 2012-01-04
RARE ELEMENT RESOURCES LTDREE
Brown Mark Thomas
Director
Transactions
  • Exercise/Conversion

    Common Stock

    2012-01-04$0.55/sh+50,000$27,500→ 245,000 total
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    2012-01-04−50,000→ 0 total
    Exercise: $0.55From: 2007-01-10Exp: 2012-01-20→ Common Stock (50,000 underlying)
Holdings

  • Common Stock

    (indirect: Pacific Opportunity Capital Ltd.)
    940,645

  • Common Stock

    (indirect: Registered Retirement Savings Plan)
    440,000

  • Common Stock

    (indirect: Spartacus Management Inc.)
    45,000

  • Common Stock

    (indirect: By Spouse)
    4,000
Footnotes (4)
  • [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.
  • [F3]Pacific Opportunity Capital Ltd. is a private company controlled by the reporting person.
  • [F4]Spartacus Management Inc. is a private company wholly-owned by the reporting person.

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4