Honan Scott 4
4 · NIOCORP DEVELOPMENTS LTD · Filed Mar 12, 2021
Insider Transaction Report
Form 4
Honan Scott
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Shares
2021-03-10$0.53/sh+500,000$264,950→ 630,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-03-10−500,000→ 0 totalExercise: $0.53Exp: 2021-03-17→ Common Shares (500,000 underlying) - Tax Payment
Common Shares
2021-03-10$0.93/sh−264,958$245,351→ 365,042 total
Footnotes (3)
- [F1]Option exercise price reflected was converted from Canadian exercise price of C$0.62 using an exchange rate of C$1.2635 = US$1.00 as reported by the Bank of Canada on March 9, 2021.
- [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 March 9, 2021 of C$1.17, which was converted using an exchange rate of C$1.2635 = US$1.00 as reported by the Bank of Canada on March 9, 2021
- [F3]The option, representing a right to purchase a total of 500,000 Common Shares, became exercisable on issuance date of January 19, 2016.