Scott Randall John 4
4 · RARE ELEMENT RESOURCES LTD · Filed Nov 19, 2021
Insider Transaction Report
Form 4
Scott Randall John
President and CEO
Transactions
- Exercise/Conversion
Common Shares
2021-11-17$0.04/sh+50,000$2,000→ 64,001 total - Sale
Common Shares
2021-11-18$1.08/sh−50,000$53,835→ 14,001 total - Exercise/Conversion
Common Shares
2021-11-18$0.04/sh+50,000$2,000→ 64,001 total - Exercise/Conversion
Stock Option (Right to Buy)
2021-11-17−50,000→ 150,000 totalExercise: $0.04Exp: 2021-12-29→ Common Shares (50,000 underlying) - Sale
Common Shares
2021-11-17$1.26/sh−50,000$62,880→ 14,001 total - Sale
Common Shares
2021-11-17$1.14/sh−50,000$57,040→ 14,001 total - Exercise/Conversion
Stock Option (Right to Buy)
2021-11-18−50,000→ 100,000 totalExercise: $0.04Exp: 2021-12-29→ Common Shares (50,000 underlying) - Exercise/Conversion
Common Shares
2021-11-17$0.04/sh+50,000$2,000→ 64,001 total - Exercise/Conversion
Stock Option (Right to Buy)
2021-11-17−50,000→ 0 totalExercise: $0.04Exp: 2021-12-13→ Common Shares (50,000 underlying)
Footnotes (5)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.15 to $1.31, 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 (the "SEC"), 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 price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.13 to $1.20, inclusive. The Reporting Person undertakes to provide to Rare Element, any security holder of Rare Element, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote 2 to this Form 4.
- [F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.05 to $1.16, inclusive. The Reporting Person undertakes to provide to Rare Element, any security holder of Rare Element, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote 3 to this Form 4.
- [F4]The option vested and became exercisable as follows: 25,000 on 12/13/2016, 12,500 on 3/31/2017, and 12,500 on 6/30/2017.
- [F5]The option vested and became exercisable as follows: 100,000 on 3/31/2017 and 100,000 on 6/30/2017.