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Ivanhoe Electric Inc. — Director's Dealing 2022
Oct 12, 2022
31884_dirs_2022-10-11_f50a916b-7098-466a-806a-a433a3acaae7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ivanhoe Electric Inc. (IE)
CIK: 0001879016
Period of Report: 2022-10-06
Reporting Person: I-Pulse Inc. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-10-06 | Common Stock | C | 5417 | $4.6929 | Disposed | 9750078 | Direct |
| 2022-10-06 | Common Stock | C | 54356 | $4.6929 | Disposed | 9695722 | Direct |
| 2022-10-06 | Common Stock | C | 5423 | $4.6929 | Disposed | 9690299 | Direct |
| 2022-10-06 | Common Stock | C | 1806 | $4.6929 | Disposed | 9688493 | Direct |
| 2022-10-06 | Common Stock | C | 13898 | $4.6929 | Disposed | 9674595 | Direct |
| 2022-10-06 | Common Stock | C | 10825 | $4.6929 | Disposed | 9663770 | Direct |
Footnotes
F1: Between August 3, 2021 and November 17, 2021, the reporting person issued convertible notes in the aggregate principal amount of $19,999,680 (the "I-Pulse Convertible Notes"). In accordance with their terms, certain of the holders of the I-Pulse Convertible Notes elected to exchange the I-Pulse Convertible Notes, including any accrued but unpaid interest, into shares of common stock of Ivanhoe Electric Inc. (the "Company") held by the reporting person at a price per share equal to the lesser of (A) 80% of the gross price per share at which common stock was sold in the qualifying IPO of the Company, and (B) $1.5643 per share of common stock, subject in each case to adjustment for any stock split, stock dividend, reverse stock split, or similar transactions.