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NIOCORP DEVELOPMENTS LTD — Director's Dealing 2023
Nov 17, 2023
32677_dirs_2023-11-17_284ae082-3c30-4359-b450-fd0c347c619d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NIOCORP DEVELOPMENTS LTD (NB)
CIK: 0001512228
Period of Report: 2023-11-15
Reporting Person: Honan Scott (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-15 | Common Shares | M | 35000 | $3.9344 | Acquired | 89452 | Direct |
| 2023-11-15 | Common Shares | F | 33690 | $4.0874 | Disposed | 55762 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-15 | Employee Stock Option (right to buy) | $3.9344 | M | 35000 | Disposed | 2023-11-15 | Common Shares (35000) | Direct |
Footnotes
F1: Option exercise price reflected was converted from Canadian exercise price of C$5.40 using an exchange rate of C$1.3725 = US$1.00 as reported by the Bank of Canada on November 14, 2023.
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 November 14, 2023 of C$5.61, which was converted using an exchange rate of C$1.3725 = US$1.00 as reported by the Bank of Canada on November 14, 2023.
F3: The option, representing a right to purchase a total of 35,000 Common Shares, became exercisable in installments as follows: 50% on May 15, 2019; 25% on November 15, 2019; and the remaining balance on May 15, 2020.