Trilogy Metals Inc. — Director's Dealing 2021

Oct 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Trilogy Metals Inc. (TMQ)
CIK: 0001543418
Period of Report: 2021-10-07

Reporting Person: Hayden William Beckwith (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-07	Common Shares	M	75000	$0.55	Acquired	212945	Direct
2021-10-07	Common Shares	S	25426	$1.73	Disposed	187519	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-07	Director Stock Option	$0.55	M	75000	Disposed	2021-12-15	Common Shares (75000)	Direct

Footnotes

F1: The exercise price reported above was converted from the Canadian exercise price of C$0.70 using an exchange rate of C$1.2613 = US$1.00.

F2: The sales price reported is a weighted average price. These shares were sold in multiple transactions ranging from C$2.15 to C$2.23, inclusive. The reporting person undertakes to provide to Trilogy Metals Inc., any security holder of Trilogy Metals Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The sales price reported above was converted from the Canadian average weighted sales price of $2.18 using an exchange rate of $1.2613 = US$1.00.