NovaCopper Inc. 4
4 · NovaCopper Inc. · Filed Jun 7, 2013
Insider Transaction Report
Form 4
Piekenbrock Joseph R.
Sr. VP, Exploration
Transactions
- Exercise/Conversion
Common Stock
2013-06-05+66,666→ 77,190 total - Disposition to Issuer
Common Stock
2013-06-05$1.77/sh−36,666$64,899→ 40,524 total - Exercise/Conversion
Restricted Stock Units
2013-06-05−66,666→ 133,334 total→ Common Stock (66,666 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of the NovaCopper Inc. 2012 Restricted Share Unit Plan, a portion of the vested restricted stock units was paid in cash in lieu of delivery of the underlying common shares.
- [F2]Each restricted stock unit represents a contingent right to receive one share of NCQ common stock. The conversion price of the underlying common shares as of the June 5, 2013 settlement date was $1.77.
- [F3]The restricted stock units vest in three equal installments on June 5, 2013, December 5, 2013 and December 5, 2014.