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Trilogy Metals Inc. — Director's Dealing 2022
Dec 12, 2022
33424_dirs_2022-12-12_67a3d44e-016b-41fd-bb16-20ecea8ef6db.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: 2022-12-08
Reporting Person: Sanders Elaine (VP and CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-12-08 | Restricted Stock Units | $ | A | 266255 | Acquired | Common Shares (266255) | Direct | |
| 2022-12-08 | Employee Stock Option (Right to Buy) | $0.57 | A | 500000 | Acquired | 2027-12-07 | Common Shares (500000) | Direct |
| 2022-12-08 | Restricted Stock Units | $ | A | 500000 | Acquired | Common Shares (500000) | Direct |
Footnotes
F1: Represents grant of restricted stock units ("RSUs") which fully vest on the date of grant. Settlement of vested RSUs will occur as soon as practicable following vesting.
F2: Converted from Canadian exercise price of C$0.78 using an exchange rate of C$1.3582 = US$1.00.
F3: The options vest as follows: 1/3 on December 8, 2022; 1/3 on December 8, 2023; and 1/3 on December 8, 2024.
F4: Represents grant of restricted stock units ("RSUs") which vest as follows: 1/3 on December 8, 2022; 1/3 on December 8, 2023; and 1/3 on December 8, 2024. Settlement of vested RSUs will occur as soon as practicable following vesting.