Elaine Sanders - 07 Dec 2024 Form 4 Insider Report for Trilogy Metals Inc. (TMQ)

Role
VP & CFO
Signature
/s/ Elaine Sanders
Issuer symbol
TMQ
Transactions as of
07 Dec 2024
Net transactions value
+$1,500,012
Form type
4
Filing time
10 Jan 2025, 18:58:01 UTC
Previous filing
03 Dec 2024
Next filing
10 Mar 2025
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 $0 +183,333 +6.3% $0.000000 3,073,814 07 Dec 2024 Direct
transaction TMQ Common Shares Options Exercise $1,500,012 +166,668 +5.4% $9.00 3,240,482 08 Dec 2024 Direct

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 +183,333 +18333300% $0.000000 183,334 07 Dec 2024 Common Shares 183,333 Direct F1, F2
transaction TMQ Restricted Stock Units Options Exercise $0 +166,668 $0.000000 0 08 Dec 2024 Common Shares 166,668 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 7, 2023, which vest as follows: 1/3 on December 7, 2023; 1/3 on December 7, 2024; and 1/3 on December 7, 2025.
F3 Represents grant of RSUs on December 8, 2022, which vest as follows: 1/2 on December 8, 2022; 1/3 on December 8, 2023; and 1/3 on December 8, 2024.