Tony Giardini - 09 Dec 2024 Form 4/A - Amendment Insider Report for Trilogy Metals Inc. (TMQ)

Role
President & CEO, Director
Signature
/s/ Elaine Sanders as attorney-in-fact for Tony Giardini
Issuer symbol
TMQ
Transactions as of
09 Dec 2024
Net transactions value
$0
Form type
4/A - Amendment
Filing time
10 Mar 2025, 20:58:13 UTC
Date Of Original Report
11 Dec 2024
Previous filing
10 Jan 2025
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 Award $0 +451,400 +7.8% $0.000000 6,250,616 09 Dec 2024 Direct F1
transaction TMQ Common Shares Options Exercise $0 +116,666 +1.9% $0.000000 6,367,282 09 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 Award $0 +350,000 $0.000000 350,000 09 Dec 2024 Common Shares 350,000 Direct F2, F3
transaction TMQ Restricted Stock Units Options Exercise $0 -116,666 -33% $0.000000 233,334 09 Dec 2024 Common Shares 116,666 Direct F2, F3
transaction TMQ Employee Stock Option Award $0 +675,000 $0.000000 675,000 09 Dec 2024 Common Shares 675,000 $1.08 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of restricted stock units which fully vest on December 9, 2024.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3 Represents grant of restricted stock units which vest as follows: 1/3 on date of grant; 1/3 one year following grant date; and 1/3 two years following grant date.
F4 The option exercise price was converted from the Canadian exercise price of C$1.52 using an exchange rate of C$1.413 = US$1.00.
F5 The options vest as follows: 1/3 on December 9, 2024; 1/3 on December 9, 2025; and 1/3 on December 9, 2026.