4//SEC Filing
Schultz Blair Albert 4
Accession 0001140361-18-033936
CIK 0001311605other
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 7:17 PM ET
Size
13.3 KB
Accession
0001140361-18-033936
Insider Transaction Report
Form 4
Schultz Blair Albert
Director
Transactions
- Disposition to Issuer
Common Shares
2018-07-20−113,333→ 0 total - Disposition to Issuer
Common Shares
2018-07-20−375,000→ 0 total(indirect: Blair Schultz Investco Inc.) - Disposition to Issuer
Common Shares
2018-07-20−75,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Shares
2018-07-20−1,000→ 0 total(indirect: RESP) - Disposition to Issuer
Deferred Share Units ("DSUs")
2018-07-20−45,046→ 0 total→ Common Shares (45,046 underlying)
Footnotes (5)
- [F1]The common shares were disposed of upon completion of a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement") and pursuant to an arrangement agreement dated March 16, 2018, by and among the Issuer, Hecla Mining Company ("Hecla") and 1156291 B.C. Unlimited Liability Company, a wholly-owned subsidiary of Hecla, in exchange for $95,324.39 in cash, 46,874 common shares of Hecla, having a market value of $3.220 per share on the effective date of the Arrangement (the "Effective Date"), and 14,166 common shares of Havilah Mining Corporation, a subsidiary of Hecla ("Havilah"), having a market value of $0.46 per share on the first date of trading.
- [F2]The common shares were disposed of pursuant to the Arrangement in exchange for $315,412.50 in cash, 155,100 common shares of Hecla, having a market value of $3.220 per share on the Effective Date, and 46,875 common shares of Havilah, having a market value of $0.46 per share on the first date of trading.
- [F3]The common shares were disposed of pursuant to the Arrangement in exchange for $63,082.50 in cash, 31,020 common shares of Hecla, having a market value of $3.220 per share on the Effective Date, and 9,375 common shares of Havilah, having a market value of $0.46 per share on the first date of trading.
- [F4]The common shares were disposed of pursuant to the Arrangement in exchange for $841.10 in cash, 413 common shares of Hecla, having a market value of $3.220 per share on the Effective Date, and 125 common shares of Havilah, having a market value of $0.46 per share on the first date of trading.
- [F5]Each DSU represented a contingent right to receive the economic equivalent of one common share of the Issuer, payable in cash. The DSUs were cancelled pursuant to the Arrangement in exchange for a cash payment of $2.36 per DSU.
Documents
Issuer
Klondex Mines Unlimited Liability Co
CIK 0001311605
Entity typeother
Related Parties
1- filerCIK 0001692275
Filing Metadata
- Form type
- 4
- Filed
- Jul 26, 8:00 PM ET
- Accepted
- Jul 27, 7:17 PM ET
- Size
- 13.3 KB