NIOCORP DEVELOPMENTS LTD — Director's Dealing 2021

Sep 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIOCORP DEVELOPMENTS LTD (NIOBF)
CIK: 0001512228
Period of Report: 2021-09-16

Reporting Person: Wightman Anna Castner (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-16	Common Shares	M	500000	$0.7430	Acquired	502000	Direct
2021-09-16	Common Shares	F	423424	$0.8774	Disposed	78576	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-16	Employee Stock Option (right to buy)	$0.7430	M	500000	Disposed	2021-09-23	Common Shares (500000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	1000	Indirect
Common Shares	500	Indirect
Common Shares	500	Indirect

Footnotes

F1: Option exercise price reflected was converted from Canadian exercise price of C$0.94 using an exchange rate of C$1.2651 = US$1.00 as reported by the Bank of Canada on September 15, 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 September 15, 2021 of C$1.11, which was converted using an exchange rate of C$1.2651 = US$1.00 as reported by the Bank of Canada on September 15, 2021.

F3: The option, representing a right to purchase a total of 500,000 Common Shares, became exercisable as follows: 50% on issuance date of July 21, 2016; 25% on January 21, 2017; and the remaining balance on July 21, 2017.