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

Signature
/s/ Elaine Sanders as attorney-in-fact for Tony Giardini
Issuer symbol
TMQ
Transactions as of
07 Dec 2024
Net transactions value
$0
Form type
4
Filing time
10 Jan 2025, 19:05:05 UTC
Previous filing
03 Dec 2024
Next filing
10 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMQ Common Shares Options Exercise +366,666 +5.6% 6,967,282 07 Dec 2024 Direct F1
transaction TMQ Common Shares Options Exercise +400,000 +5.7% 7,367,282 08 Dec 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 -366,666 -50% $0.000000 366,667 07 Dec 2024 Common Shares 366,666 Direct F1, F2
transaction TMQ Resricted Stock Units Options Exercise $0 -400,000 -100% $0.000000 0 08 Dec 2024 Common Shares 400,000 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 vests 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 vests as follows: 1/3 on December 8, 2022; 1/3 on December 8, 2023; and 1/3 on December 8, 2024.