Form 4 for IE Ivanhoe Electric Inc.
Accepted 2022-07-01 00:00:00 ET · period of report 2022-06-30 · accession 0001104659-22-076834 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-07-01 | 2022-06-30 | IE | Lewnowski Oskar | Dir | C - Cnv Deriv | — | +1.67M | 5.02M | +50% | — |
| DMI | 2022-07-01 | 2022-06-30 | IE | Lewnowski Oskar | Dir | C - Cnv Deriv | — | 0 | 0 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-06-30 | C | A | 590,441 | — | 5,613,106 | I By Orion Mine Finance Fund III LP | — | — | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. (F3) Upon the consummation of a Qualifying IPO, the Series 2 Convertible Notes, including any accrued but unpaid interest thereon, automatically converted into shares of common stock at a price per share equal to 90% of the gross price per share at which common stock was sold in the offering. |
| 2 | Common | Common Stock | 2022-06-30 | C | A | 1,084,247 | — | 5,022,665 | I By Orion Mine Finance Fund III LP | — | — | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. (F2) Upon the consummation of an initial public offering that resulted in gross proceeds of at least $25 million (a "Qualifying IPO"), the Series 1 Convertible Notes, including any accrued but unpaid interest thereon, automatically converted into shares of common stock at a price per share equal to the lesser of (A) 80% of the gross price per share at which common stock is sold in the Qualifying IPO, and (B) $9.39 per share of common stock, subject in each case to adjustment for any stock split, stock dividend, reverse stock split, or similar transactions. |
| 3 | Derivative | Series 1 Convertible Notes | 2022-06-30 | C | D | — | $0.00 | 0 | I By Orion Mine Finance Fund III LP | $9.39 · — to 2023-07-31 | 1,084,247 Common Stock | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. |
| 4 | Derivative | Series 2 Convertible Notes | 2022-06-30 | C | D | — | $0.00 | 0 | I By Orion Mine Finance Fund III LP | $10.58 · — to 2023-07-31 | 590,441 Common Stock | (F1) The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. |