Honan Scott 4
4 · NIOCORP DEVELOPMENTS LTD · Filed Nov 17, 2023
Insider Transaction Report
Form 4
Honan Scott
Chief Operating Officer
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2023-11-15−35,000→ 0 totalExercise: $3.93Exp: 2023-11-15→ Common Shares (35,000 underlying) - Exercise/Conversion
Common Shares
2023-11-15$3.93/sh+35,000$137,704→ 89,452 total - Tax Payment
Common Shares
2023-11-15$4.09/sh−33,690$137,705→ 55,762 total
Footnotes (3)
- [F1]Option exercise price reflected was converted from Canadian exercise price of C$5.40 using an exchange rate of C$1.3725 = US$1.00 as reported by the Bank of Canada on November 14, 2023.
- [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 14, 2023 of C$5.61, which was converted using an exchange rate of C$1.3725 = US$1.00 as reported by the Bank of Canada on November 14, 2023.
- [F3]The option, representing a right to purchase a total of 35,000 Common Shares, became exercisable in installments as follows: 50% on May 15, 2019; 25% on November 15, 2019; and the remaining balance on May 15, 2020.