Shah Neal S. 4
4 · NIOCORP DEVELOPMENTS LTD · Filed Nov 29, 2022
Insider Transaction Report
Form 4
Shah Neal S.
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Shares
2022-11-28$0.35/sh+29,852$10,487→ 430,852 total - Exercise/Conversion
Common Shares
2022-11-28$0.35/sh+199,148$69,961→ 630,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2022-11-28−229,000→ 0 totalExercise: $0.35Exp: 2022-11-30→ Common Shares (229,000 underlying) - Tax Payment
Common Shares
2022-11-28$0.87/sh−80,000$69,968→ 550,000 total
Footnotes (3)
- [F1]Option exercise price reflected was converted from Canadian exercise price of C$0.47 using an exchange rate of C$1.3377 = US$1.00 as reported by the Bank of Canada on November 25, 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 November 25, 2022 of C$1.17, which was converted using an exchange rate of C$1.3377 = US$1.00 as reported by the Bank of Canada on November 25, 2022.
- [F3]The option, representing a right to purchase a total of 229,000 Common Shares, became exercisable on the issuance date of November 9, 2017.