Sims James T. 4
4 · NIOCORP DEVELOPMENTS LTD · Filed Sep 21, 2020
Insider Transaction Report
Form 4
Sims James T.
Chief Communications Officer
Transactions
- Exercise/Conversion
Common Shares
2020-09-21$0.36/sh+300,000$106,920→ 333,419 total - Tax Payment
Common Shares
2020-09-21$0.64/sh−165,883$106,928→ 167,536 total - Exercise/Conversion
Employee Stock Option (right to buy)
2020-09-21−300,000→ 0 totalExercise: $0.36Exp: 2022-11-10→ Common Shares (300,000 underlying)
Footnotes (3)
- [F1]Option exercise price reflected was converted from Canadian exercise price of C$0.47 using an exchange rate of C$1.3186 = US$1.00 as reported by the Bank of Canada on Sept 18, 2020.
- [F2]Sale price of common shares withheld in satisfaction of option exercise price is based on the closing price of the common shares on the Toronto Stock Exchange on Sept 18, 2020 of C$0.85, which was converted using an exchange rate of C$1.3186 = US$1.00 as reported by the Bank of Canada on Sept 18, 2020.
- [F3]The option, representing a right to purchase a total of 300,000 Common Shares, became exercisable on issuance date of November 9, 2017.