Form 4 for NB NIOCORP DEVELOPMENTS LTD
Accepted 2023-11-17 00:00:00 ET · period of report 2023-11-15 · accession 0001539497-23-001967 · 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 | 2023-11-17 | 2023-11-15 | NB | Shah Neal S. | CFO | M - OptEx | $3.93 | +35.0K | 90.0K | +64% | +$137.6K |
| D | 2023-11-17 | 2023-11-15 | NB | Shah Neal S. | CFO | F - Tax | $4.09 | -33.7K | 56.3K | -37% | -$137.8K |
| D | 2023-11-17 | 2023-11-15 | NB | Shah Neal S. | CFO | M - OptEx | $0.00 | -35.0K | 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 | 2023-11-15 | M | A | 35,000 | $3.93 | 90,000 | D | — | — | (F1) Option exercise price reflected was converted from Canadian exercise price of C$5.40 using an exchange rate of C$1.3725 = US$1.00 as reported by the Bank of Canada on November 14, 2023. |
| 2 | Common | Common Shares | 2023-11-15 | F | D | 33,690 | $4.09 | 56,310 | 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 14, 2023 of C$5.61, which was converted using an exchange rate of C$1.3725 = US$1.00 as reported by the Bank of Canada on November 14, 2023. |
| 3 | Derivative | Employee Stock Option (right to buy) | 2023-11-15 | M | D | 35,000 | $0.00 | 0 | D | $3.93 · — to 2023-11-15 | 35,000 Common Shares | (F1) Option exercise price reflected was converted from Canadian exercise price of C$5.40 using an exchange rate of C$1.3725 = US$1.00 as reported by the Bank of Canada on November 14, 2023. (F3) The option, representing a right to purchase a total of 35,000 Common Shares, became exercisable in installments as follows: 50% on May 15, 2019; 25% on November 15, 2019; and the remaining balance on May 15, 2020. |