Sims James T. 4
4 · NIOCORP DEVELOPMENTS LTD · Filed Jun 17, 2020
Insider Transaction Report
Form 4
Sims James T.
Chief Communications Officer
Transactions
- Exercise/Conversion
Common Shares
2020-06-17$0.46/sh+25,000$11,433→ 33,419 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-06-17−25,000→ 475,000 totalExercise: $0.46Exp: 2021-01-20→ Common Shares (25,000 underlying)
Footnotes (2)
- [F1]Option Exercise price reflected was converted from Canadian exercise price of C$0.62 using an exchange rate of C$1.3558 = US$1.00 as reported by the Bank of Canada on June 16, 2020
- [F2]The option, representing a right to purchase a total of 500,000 Common Shares, became exercisable in installments, as follows: 50% on July 21, 2016; 25% on January 21, 2017; and the remaining balance on July 21, 2017.