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4//SEC Filing

Grandey Gerald W 4

Accession 0001567619-20-020363

CIK 0001419806other

View on SEC.gov Company Profile

Filed

Nov 24, 7:00 PM ET

Accepted

Nov 25, 4:04 PM ET

Size

16.1 KB

Accession

0001567619-20-020363

Insider Transaction Report

Form 4

Period: 2020-11-23

RARE ELEMENT RESOURCES LTDREEMF

Grandey Gerald W

Director

Transactions

Exercise/Conversion
Stock Option (Right to Buy)
2020-11-23−150,000→ 0 total
Exercise: $0.04From: 2016-12-13Exp: 2021-12-13→ Common Shares (150,000 underlying)
Exercise/Conversion
Common Shares
2020-11-23$0.07/sh+75,000$5,250→ 767,219 total
Exercise/Conversion
Stock Option (Right to Buy)
2020-11-23−75,000→ 75,000 total
Exercise: $0.07Exp: 2024-02-18→ Common Shares (75,000 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2020-11-23−150,000→ 0 total
Exercise: $0.25Exp: 2022-11-17→ Common Shares (150,000 underlying)
Exercise/Conversion
Common Shares
2020-11-23$0.25/sh+150,000$37,500→ 692,219 total
Exercise/Conversion
Stock Option (Right to Buy)
2020-11-23−150,000→ 0 total
Exercise: $0.04Exp: 2021-12-13→ Common Shares (150,000 underlying)
Exercise/Conversion
Common Shares
2020-11-23$0.04/sh+300,000$12,000→ 542,219 total

Footnotes (3)

[F1]The option vested and became exercisable as follows: 75,000 on 12/13/2016, 37,500 on 3/31/2017, and 37,500 on 6/30/2017.
[F2]The option vested and became exercisable as follows: 75,000 on 11/17/2018 and 75,000 on 11/17/2019.
[F3]Seventy-five thousand (75,000) of the 150,000 common shares underlying the option vested and became exercisable on February 18, 2020. The remaining 75,000 common shares underlying the option will vest and become exercisable on February 18, 2021.

Documents

1 file

4
doc1.xmlPrimary
FORM 4

Issuer

RARE ELEMENT RESOURCES LTD

CIK 0001419806

Entity typeother

Related Parties

1

filerCIK 0001583385

Filing Metadata

Form type: 4
Filed: Nov 24, 7:00 PM ET
Accepted: Nov 25, 4:04 PM ET
Size: 16.1 KB

View on SEC.gov