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NIOCORP DEVELOPMENTS LTD — Director's Dealing 2016
Oct 28, 2016
32677_dirs_2016-10-28_747eef02-21fd-4fb3-a000-e357e8fac8d2.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: NIOCORP DEVELOPMENTS LTD (NIOBF)
CIK: 0001512228
Period of Report: 2016-10-28
Reporting Person: Shah Neal S. (Chief Financial Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 27250 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Warrants | $0.5729 | 2016-11-10 | Common Shares (27250) | Direct | |
| Employee Stock Option (Right to Buy) | $0.6957 | 2017-09-01 | Common Shares (500000) | Direct | |
| Employee Stock Option (Right to Buy) | $0.6871 | 2017-12-21 | Common Shares (200000) | Direct | |
| Employee Stock Option (Right to Buy) | $0.4353 | 2021-01-20 | Common Shares (350000) | Direct |
Footnotes
F1: The warrants were initially purchased as part of a unit offering on 11/10/14. The warrants are governed by a Warrant Indenture dated November 10, 2014 as supplemented by a Supplemental Warrant Indenture on 5/17/16. The exercise price reported above was converted from the Canadian exercise price of $0.65 using an exchange rate of Cdn$1.1345=US$1.00 on 11/10/14.
F2: The exercise price reported above was converted from the Canadian exercise price of $0.76 using an exchange rate of Cdn$1.0925=US$1.00.
F3: The exercise price reported above was converted from the Canadian exercise price of $0.80 using an exchange rate of Cdn$1.1643=US$1.00.
F4: The options vest as follows: 50% on 7/21/16; 25% on 1/21/17; and the remaining balance on 7/21/17.
F5: The exercise price reported above was converted from the Canadian exercise price of $0.62 using an exchange rate of Cdn$1.4243=US$1.00.