Form 4 for NB NIOCORP DEVELOPMENTS LTD
Accepted 2022-11-29 00:00:00 ET · period of report 2022-11-28 · accession 0001539497-22-001880 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-11-29 | 2022-11-28 | NB | Morris Michael James | Dir | M - OptEx | $0.3773 | +550.0K | 760.4K | +261% | +$207.5K |
| DM | 2022-11-29 | 2022-11-28 | NB | Morris Michael James | Dir | F - Tax | $0.87 | -238.9K | 460.4K | -34% | -$207.8K |
| DM | 2022-11-29 | 2022-11-28 | NB | Morris Michael James | Dir | M - OptEx | $0.00 | -550.0K | 0 | -100% | $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 | 2022-11-28 | M | A | 250,000 | $0.35 | 560,876 | D | — | — | (F1) Option exercise price reflected was converted from Canadian exercise price of C$0.47 using an exchange rate of C$1.3377 = US$1.00 as reported by the Bank of Canada on November 25, 2022. |
| 2 | Common | Common Shares | 2022-11-28 | F | D | 138,462 | $0.87 | 621,986 | D | — | — | (F2) Sale 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 November 25, 2022 of C$1.17, which was converted using an exchange rate of C$1.3377 = US$1.00 as reported by the Bank of Canada on November 25, 2022. |
| 3 | Common | Common Shares | 2022-11-28 | M | A | 300,000 | $0.4 | 760,448 | D | — | — | (F3) Option exercise price reflected was converted from Canadian exercise price of C$0.54 using an exchange rate of C$1.3377 = US$1.00 as reported by the Bank of Canada on November 25, 2022. |
| 4 | Common | Common Shares | 2022-11-28 | F | D | 100,428 | $0.87 | 460,448 | D | — | — | (F2) Sale 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 November 25, 2022 of C$1.17, which was converted using an exchange rate of C$1.3377 = US$1.00 as reported by the Bank of Canada on November 25, 2022. |
| 5 | Derivative | Director Stock Option (right to buy) | 2022-11-28 | M | D | 300,000 | $0.00 | 0 | D | $0.4 · — to 2023-11-15 | 300,000 Common Shares | (F3) Option exercise price reflected was converted from Canadian exercise price of C$0.54 using an exchange rate of C$1.3377 = US$1.00 as reported by the Bank of Canada on November 25, 2022. (F5) The option, representing a right to purchase a total of 300,000 Common Shares, became exercisable in installments as follows: 50% on May 15, 2019; 25% on November 15, 2019; and 25% on May 15, 2020. |
| 6 | Derivative | Director Stock Option (right to buy) | 2022-11-28 | M | D | 250,000 | $0.00 | 0 | D | $0.35 · — to 2022-11-30 | 250,000 Common Shares | (F1) Option exercise price reflected was converted from Canadian exercise price of C$0.47 using an exchange rate of C$1.3377 = US$1.00 as reported by the Bank of Canada on November 25, 2022. (F4) The option, representing a right to purchase a total of 250,000 Common Shares, became exercisable on the issuance date of November 9, 2017. |