BELING DAVID COATES 4
4 · NIOCORP DEVELOPMENTS LTD · Filed Mar 3, 2022
Insider Transaction Report
Form 4
BELING DAVID COATES
Director
Transactions
- Exercise/Conversion
Common Shares
2022-03-01$0.60/sh+300,000$179,550→ 791,025 total - Tax Payment
Common Shares
2022-03-01$0.89/sh−201,770$179,555→ 589,255 total - Exercise/Conversion
Director Stock Option (right to buy)
2022-03-01−300,000→ 0 totalExercise: $0.60Exp: 2022-03-06→ Common Shares (300,000 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 300,000 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.