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

Role
VP & CFO
Signature
/s/ Elaine Sanders
Issuer symbol
TMQ
Transactions as of
09 Dec 2024
Net transactions value
$0
Form type
4/A - Amendment
Filing time
10 Mar 2025, 21:04:25 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 +104,750 +4% $0.000000 2,715,481 09 Dec 2024 Direct F1
transaction TMQ Common Shares Options Exercise $0 +58,333 +2.1% $0.000000 2,773,814 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 +175,000 $0.000000 175,000 09 Dec 2025 Common Shares 175,000 Direct F2, F3
transaction TMQ Restricted Stock Units Options Exercise $0 -58,333 -33% $0.000000 116,667 09 Dec 2024 Common Shares 58,333 Direct F2, F3
transaction TMQ Employee Stock Option (Right to Buy) Award $0 +325,000 $0.000000 325,000 09 Dec 2024 Common Shares 325,000 $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 date of grant; and 1/3 two years following date of grant.
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.