Form 4 for IE Ivanhoe Electric Inc.
Accepted 2022-07-05 00:00:00 ET · period of report 2022-06-30 · accession 0001104659-22-077004 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-07-05 | 2022-06-30 | IE | FRIEDLAND ROBERT M | CEO, Dir | C - Cnv Deriv | — | +677.7K | 8.37M | +9% | — |
| D | 2022-07-05 | 2022-06-30 | IE | FRIEDLAND ROBERT M | CEO, Dir | P - Purchase | $8.60 | +179.5K | 8.55M | +2% | +$1.54M |
| D | 2022-07-05 | 2022-06-30 | IE | FRIEDLAND ROBERT M | CEO, 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 | 677,682 | — | 8,366,374 | D | — | — | (F1) 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. |
| 2 | Common | Common Stock | 2022-06-30 | P | A | 179,517 | $8.60 | 8,545,891 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.35 to $8.80, inclusive. The reporting person undertakes to provide to Ivanhoe Electric Inc., any security holder of Ivanhoe Electric 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 footnote (2) to this Form 4. |
| 3 | Derivative | Series 1 Convertible Notes | 2022-06-30 | C | D | — | $0.00 | 0 | D | $9.39 · — to 2023-07-31 | 677,682 Common Stock | (F1) 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. |