4//SEC Filing
Schlauch Paul John 4
Accession 0001567619-20-011930
CIK 0001419806other
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 6:30 PM ET
Size
10.1 KB
Accession
0001567619-20-011930
Insider Transaction Report
Form 4
Schlauch Paul John
Director
Transactions
- Exercise/Conversion
Common Shares
2020-06-01$0.53/sh+100,000$53,000→ 110,000 total - Tax Payment
Common Shares
2020-06-01$0.97/sh−54,449$52,816→ 55,551 total - Sale
Common Shares
2020-06-01$0.97/sh−45,551$44,184→ 10,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2020-06-01−100,000→ 0 totalExercise: $0.53Exp: 2020-06-17→ Common Shares (100,000 underlying)
Footnotes (2)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.95 to $1.00, 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
Issuer
RARE ELEMENT RESOURCES LTD
CIK 0001419806
Entity typeother
Related Parties
1- filerCIK 0001525245
Filing Metadata
- Form type
- 4
- Filed
- Jun 8, 8:00 PM ET
- Accepted
- Jun 9, 6:30 PM ET
- Size
- 10.1 KB