Home/Filings/4/0001567619-20-011248
4//SEC Filing

Shonk Lowell A 4

Accession 0001567619-20-011248

CIK 0001419806other

Filed

May 26, 8:00 PM ET

Accepted

May 27, 6:52 PM ET

Size

8.6 KB

Accession

0001567619-20-011248

Insider Transaction Report

Form 4
Period: 2020-05-26
Transactions
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2020-05-2640,00030,000 total
    Exercise: $0.53Exp: 2020-06-17Common Shares (40,000 underlying)
  • Exercise/Conversion

    Common Shares

    2020-05-26$0.53/sh+40,000$21,20070,000 total
  • Sale

    Common Shares

    2020-05-26$0.92/sh40,000$36,80030,000 total
Footnotes (2)
  • [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.91 to $0.94, inclusive. The Reporting Person undertakes to provide to Rare Element Resources Ltd. ("Rare Element"), any security holder of Rare Element, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote 1 to this Form 4.
  • [F2]The option vested and became exercisable as follows: 20,000 on 10/17/2015, 20,000 on 2/17/2016, 20,000 on 6/17/2016, 20,000 on 9/17/2016 and 20,000 on 12/17/2016.

Documents

1 file

Issuer

RARE ELEMENT RESOURCES LTD

CIK 0001419806

Entity typeother

Related Parties

1
  • filerCIK 0001575305

Filing Metadata

Form type
4
Filed
May 26, 8:00 PM ET
Accepted
May 27, 6:52 PM ET
Size
8.6 KB