Elaine Sanders - 25 Jan 2024 Form 4 Insider Report for Trilogy Metals Inc. (TMQ)

Role
VP & CFO
Signature
/s/ Elaine Sanders
Issuer symbol
TMQ
Transactions as of
25 Jan 2024
Net transactions value
$0
Form type
4
Filing time
26 Jan 2024, 17:03:00 UTC
Previous filing
19 Dec 2023
Next filing
14 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMQ Common Shares Options Exercise +30,868 +1.2% 2,695,101 25 Jan 2024 Direct F1
transaction TMQ Common Shares Options Exercise +166,666 +6.2% 2,861,767 25 Jan 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TMQ Restricted Stock Units Options Exercise $0 -30,868 -100% $0.000000* 0 25 Jan 2024 Common Shares 30,868 Direct F1, F2
transaction TMQ Restricted Stock Units Options Exercise $0 -166,666 -50% $0.000000 166,668 25 Jan 2024 Common Shares 166,666 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 Represents grant of RSUs on December 9, 2021, which vest as follows: 1/3 on December 9, 2021; 1/3 on December 9, 2022; and 1/3 on December 9, 2023. Settlement of vested RSUs will occur as soon as practicable following vesting.
F3 Represents grant of RSUs on December 8, 2022, which vest as follows: 1/3 on December 8, 2022; 1/3 on December 8, 2023; and 1/3 on December 8, 2024. Settlement of vested RSUs will occur as soon as practicable following vesting.