Schlauch Paul John 4
4 · RARE ELEMENT RESOURCES LTD · Filed Apr 15, 2021
Insider Transaction Report
Form 4
Schlauch Paul John
Director
Transactions
- Sale
Common Shares
2021-04-14$2.14/sh−25,000$53,595→ 123,121 total - Award
Stock Option (Right to Buy)
2021-04-13+100,000→ 100,000 totalExercise: $2.25Exp: 2031-04-13→ 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 $2.10 to $2.16, 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 will vest and become exercisable as follows: 50,000 on December 15, 2021 and 50,000 on December 15, 2022.