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Trilogy Metals Inc. Director's Dealing 2017

Dec 29, 2017

33424_dirs_2017-12-28_778b7cec-f1c3-4cae-9726-66e436e6243e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Trilogy Metals Inc. (TMQ)
CIK: 0001543418
Period of Report: 2017-12-27

Reporting Person: Van Nieuwenhuyse Rick (Director, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-12-27 Common Stock M 533333 Acquired 2792006 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-12-27 Restricted Stock Units $ M 200000 Disposed Common Stock (200000) Direct
2017-12-27 Restricted Stock Units $ M 66666 Disposed Common Stock (66666) Direct
2017-12-27 Restricted Stock Units $ M 133333 Disposed Common Stock (133333) Direct
2017-12-27 Restricted Stock Units $ M 133334 Disposed Common Stock (133334) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of TMQ common stock. The conversion price of the underlying common shares as of the December 7, 2017 vesting date was Cdn $0.96.

F2: Each restricted stock unit represents a contingent right to receive one share of TMQ common stock. The conversion price of the underlying common shares as of the December 15, 2017 vesting date was Cdn $1.15.

F3: Each restricted stock unit represents a contingent right to receive one share of TMQ common stock. The conversion price of the underlying common shares as of the December 23, 2017 vesting date was Cdn $1.35.

F4: The restricted stock units vest on December 7, 2017, or such later date as determined by the company.

F5: The restricted stock units vest in three equal installments on December 7, 2017, December 7, 2018 and December 7, 2019, or such later date as determined by the company.

F6: The restricted stock units vest in three equal installments on December 15, 2016, December 15, 2017 and December 15, 2018, or such later date as determined by the company.

F7: The restricted stock units vest in three equal installments on December 23, 2015, December 23, 2016 and December 23, 2017, or such later date as determined by the company.