Sims James T. 4
4 · NIOCORP DEVELOPMENTS LTD · Filed Mar 12, 2021
Insider Transaction Report
Form 4
Sims James T.
Chief Communications Officer
Transactions
- Exercise/Conversion
Common Shares
2021-03-10$0.53/sh+475,000$251,703→ 642,536 total - Tax Payment
Common Shares
2021-03-10$0.93/sh−251,710$233,083→ 390,826 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-03-10−475,000→ 0 totalExercise: $0.53Exp: 2021-03-17→ Common Shares (475,000 underlying)
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 475,000 Common Shares, became exercisable on issuance date of January 19, 2016.