Shah Neal S. 4
4 · NIOCORP DEVELOPMENTS LTD · Filed Mar 8, 2022
Insider Transaction Report
Form 4
Shah Neal S.
Chief Financial Officer
Transactions
- Tax Payment
Common Shares
2022-03-07$0.83/sh−140,170$116,537→ 375,000 total - Exercise/Conversion
Common Shares
2022-03-07$0.60/sh+195,500$116,538→ 515,170 total - Exercise/Conversion
Employee Stock Option (right to buy)
2022-03-07−195,500→ 204,500 totalExercise: $0.60Exp: 2022-03-07→ Common Shares (195,500 underlying)
Footnotes (4)
- [F1]Option exercise price reflected was converted from Canadian exercise price of C$0.76 using an exchange rate of C$1.2750 = US$1.00 as reported by the Bank of Canada on March 4, 2022.
- [F2]Includes 60 common shares that were erroneously reported as disposed of by the Reporting Person on the Reporting Person's Form 4 filed on March 12, 2021.
- [F3]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 March 4, 2022 of C$1.06, which was converted using an exchange rate of C$1.2750 = US$1.00 as reported by the Bank of Canada on March 4, 2022.
- [F4]The option, representing a right to purchase a total of 400,000 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.