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Stairs Janice's Form 4 filing

Trilogy Metals Inc. (TMQ) · filed Nov 15, 2021

Accession no.
0001567619-21-020242
Filed
Nov 15, 2021
Trade date
Nov 10-11, 2021
Filing delay
5 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 6 non-derivative transactions and 3 derivative transactions. Open-market sales total $38.9K. It was filed 5 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Stairs JaniceCIK 0001562653Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 10, 2021Common SharesMOption exerciseAcquired+773$0.56F1+$432.88286,596Direct
Nov 10, 2021Common SharesSSaleDisposed−400$1.96F2−$784286,196Direct
Nov 11, 2021Common SharesMOption exerciseAcquired+25,000$0.56F1+$14,000311,196Direct
Nov 11, 2021Common SharesSSaleDisposed−12,835$1.98F3−$25,413.3298,361Direct
Nov 11, 2021Common SharesMOption exerciseAcquired+12,553$0.56F1+$7,029.68310,914Direct
Nov 11, 2021Common SharesSSaleDisposed−6,452$1.97F4−$12,710.44304,462Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Nov 10, 2021Common SharesMOption exerciseDisposed−773$0.00$049,227Direct
Nov 11, 2021Common SharesMOption exerciseDisposed−25,000$0.00$024,227Direct
Nov 11, 2021Common SharesMOption exerciseDisposed−12,553$0.00$011,674Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Converted from Canadian exercise price of C$0.70 using an exchange rate of C$1.2452 = US$1.00.

Referenced by the price of 3 transactions in Table I.

F2

The sales price reported above was converted from the Canadian sale price of C$2.44 using an exchange rate C$1.2452 = US$1.00.

Referenced by the price of 1 transaction in Table I.

F3

The sales price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$2.46 to C$2.47, inclusive. The reporting person undertakes to provide to Trilogy Metals Inc., any security holder of Trilogy Metals 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 this footnote. The weighted average price was converted from the Canadian weighted average price of C$2.47 using an exchange rate C$1.2452 = US$1.00.

Referenced by the price of 1 transaction in Table I.

F4

The sales price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$2.45 to C$2.46, inclusive. The reporting person undertakes to provide to Trilogy Metals Inc., any security holder of Trilogy Metals 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 this footnote. The weighted average price was converted from the Canadian weighted average price of C$2.45 using an exchange rate C$1.2452 = US$1.00.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)