Trilogy Metals Inc. — Director's Dealing 2022

Jan 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Trilogy Metals Inc. (TMQ)
CIK: 0001543418
Period of Report: 2022-01-04

Reporting Person: Giardini Tony (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-04	Common Shares	M	61766	—	Acquired	744814	Direct
2022-01-04	Common Shares	M	197200	—	Acquired	942014	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-04	Restricted Stock Units	$	M	61766	Disposed	2023-12-09	Common Shares (61766)	Direct
2022-01-04	Restricted Stock Units	$	M	197200	Disposed	2021-12-09	Common Shares (197200)	Direct

Footnotes

F1: Represents December 9, 2021, grant of restricted stock units which vest as follows: 1/3 on December 9, 2021; 1/3 on December 9, 2022; and 1/3 on December 9, 2023. Settlement of the vested RSUs occurred on January 4, 2022.

F2: Represents December 9, 2021, grant of restricted stock units which fully vest on the grant date. Settlement of the vested RSUs occurred on January 4, 2022.