4//SEC Filing
Ranta Donald E 4
Accession 0001140361-12-041636
CIK 0001419806other
Filed
Sep 25, 8:00 PM ET
Accepted
Sep 26, 6:57 PM ET
Size
11.5 KB
Accession
0001140361-12-041636
Insider Transaction Report
Form 4
Ranta Donald E
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-09-26−250,000→ 0 totalExercise: $1.01From: 2007-10-01Exp: 2012-10-01→ Common Shares (250,000 underlying) - Sale
Common Shares
2012-09-24$5.00/sh−20,000$100,000→ 264,500 total - Sale
Common Shares
2012-09-25$4.80/sh−30,000$144,000→ 234,500 total - Exercise/Conversion
Common Shares
2012-09-26$1.01/sh+250,000$252,500→ 484,500 total
Footnotes (6)
- [F1]The weighted average sale price was CDN$4.9307, which has been converted to the US Dollar equivalent using the exchange rate on the date of the transaction which was 1.022.
- [F2]This transaction was executed in multiple trades at prices ranging from CDN$4.92 to $4.95. The price reported above is the weighted average sale price of such trades. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer upon request, full information regarding the number of shares and the prices at which each transaction was effected.
- [F3]The weighted average sale price was CDN$4.7296, which has been converted to the US Dollar equivalent using the exchange rate on the date of the transaction which was 1.019.
- [F4]This transaction was executed in multiple trades at prices ranging from CDN$4.65 to $4.80. The price reported above is the weighted average sale price of such trades. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer upon request, full information regarding the number of shares and the prices at which each transaction was effected.
- [F5]The original exercise price of the grant was CDN$1.00, which has been converted to the US Dollar equivalent using the exchange rate on the date of the transaction which was 1.0149.
- [F6](6) Options vested as follows: 20% of the options vested 4 months from 10/01/2009 ("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.
Documents
Issuer
RARE ELEMENT RESOURCES LTD
CIK 0001419806
Entity typeother
Related Parties
1- filerCIK 0001343721
Filing Metadata
- Form type
- 4
- Filed
- Sep 25, 8:00 PM ET
- Accepted
- Sep 26, 6:57 PM ET
- Size
- 11.5 KB