Trilogy Metals Inc. — Director's Dealing 2020

Dec 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Trilogy Metals Inc. (TMQ)
CIK: 0001543418
Period of Report: 2020-12-10

Reporting Person: Sanders Elaine (VP and CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-10	Employee Stock Option (Right to Buy)	$1.98	A	450000	Acquired	2025-12-09	Common Shares (450000)	Direct

Footnotes

F1: Converted from Canadian exercise price of C$2.52 using an exchange rate of C$1.2734 = US$1.00.

F2: The options vest as follows: 1/3 on 12/10/2020; 1/3 on 12/10/2021; 1/3 on 12/10/2022.