NIOCORP DEVELOPMENTS LTD — Director's Dealing 2021

Mar 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIOCORP DEVELOPMENTS LTD (NIOBF)
CIK: 0001512228
Period of Report: 2021-03-10

Reporting Person: Honan Scott (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-10	Common Shares	M	500000	$0.5299	Acquired	630000	Direct
2021-03-10	Common Shares	F	264958	$0.9260	Disposed	365042	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-10	Employee Stock Option (right to buy)	$0.5299	M	500000	Disposed	2021-03-17	Common Shares (500000)	Direct

Footnotes

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.