Form 4 for NB NIOCORP DEVELOPMENTS LTD
Accepted 2022-03-08 00:00:00 ET · period of report 2022-03-07 · accession 0001539497-22-000582 · 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 | 2022-03-08 | 2022-03-07 | NB | Shah Neal S. | CFO | M - OptEx | $0.6 | +195.5K | 515.2K | +61% | +$117.3K |
| D | 2022-03-08 | 2022-03-07 | NB | Shah Neal S. | CFO | F - Tax | $0.83 | -140.2K | 375.0K | -27% | -$116.3K |
| D | 2022-03-08 | 2022-03-07 | NB | Shah Neal S. | CFO | M - OptEx | $0.00 | -195.5K | 204.5K | -49% | $0 |
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 Shares | 2022-03-07 | M | A | 195,500 | $0.6 | 515,170 | D | — | — | (F1) Option exercise price reflected was converted from Canadian exercise price of C$0.76 using an exchange rate of C$1.2750 = US$1.00 as reported by the Bank of Canada on March 4, 2022. (F2) Includes 60 common shares that were erroneously reported as disposed of by the Reporting Person on the Reporting Person's Form 4 filed on March 12, 2021. |
| 2 | Common | Common Shares | 2022-03-07 | F | D | 140,170 | $0.83 | 375,000 | D | — | — | (F3) Price of common shares withheld in satisfaction of option exercise price is based on the closing price of the common shares on the Toronto Stock Exchange on March 4, 2022 of C$1.06, which was converted using an exchange rate of C$1.2750 = US$1.00 as reported by the Bank of Canada on March 4, 2022. |
| 3 | Derivative | Employee Stock Option (right to buy) | 2022-03-07 | M | D | 195,500 | $0.00 | 204,500 | D | $0.6 · — to 2022-03-07 | 195,500 Common Shares | (F1) Option exercise price reflected was converted from Canadian exercise price of C$0.76 using an exchange rate of C$1.2750 = US$1.00 as reported by the Bank of Canada on March 4, 2022. (F4) The option, representing a right to purchase a total of 400,000 Common Shares, became exercisable in installments as follows: 50% on September 2, 2017; 25% March 6, 2018; and the remaining balance on September 2, 2018. |