Smith Mark A. 4
4 · NIOCORP DEVELOPMENTS LTD · Filed Mar 3, 2022
Insider Transaction Report
Form 4
Smith Mark A.
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Shares
2022-03-01$0.60/sh+650,000$389,025→ 20,002,564 total - Tax Payment
Common Shares
2022-03-01$0.89/sh−437,169$389,037→ 19,565,395 total - Exercise/Conversion
Employee Stock Option (right to buy)
2022-03-01−650,000→ 0 totalExercise: $0.60Exp: 2022-03-06→ Common Shares (650,000 underlying)
Footnotes (3)
- [F1]Option exercise price reflected was converted from Canadian exercise price of C$0.76 using an exchange rate of C$1.2698 = US$1.00 as reported by the Bank of Canada on February 28, 2022.
- [F2]Sale price of common shares withheld in satisfaction of option exercise price is based on the closing price of the common shares on the Toronto Stock Exchange on February 28, 2022 of C$1.13, which was converted using an exchange rate of C$1.2698 = US$1.00 as reported by the Bank of Canada on February 28, 2022.
- [F3]The option, representing a right to purchase a total of 650,000 Common Shares, became exercisable in installments as follows: 50% on September 2, 2017; 25% March 6, 2018; and the remaining balance on September 2, 2018.