Karl L. Hanneman - May 23, 2023 Form 4 Insider Report for INTERNATIONAL TOWER HILL MINES LTD (THM)

Role
Chief Executive Officer, Director
Signature
/s/ Debbie Evans by Power of Attorney
Stock symbol
THM
Transactions as of
May 23, 2023
Transactions value $
$0
Form type
4
Date filed
5/25/2023, 05:24 PM
Previous filing
Sep 8, 2022
Next filing
Sep 13, 2023

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 THM Deferred Stock Units Award $0 +132K $0.00 132K May 23, 2023 Common Stock 132K Direct F1, F2
transaction THM Stock Options (right to buy) Award $0 +150K $0.00 150K May 23, 2023 Common Stock 150K $0.47 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each deferred stock unit represents the right to receive one common share.
F2 The reported deferred stock units vested in full on the date of grant and the Reporting Person will receive the shares underlying the deferred stock units upon the Reporting Person's end of service as a Director.
F3 The exercise price was converted from CAD 0.63 to USD 0.47, based on the May 23, 2023 exchange rate as quoted by the Bank of Canada. The exercise price is the actual Canadian dollar amount regardless of the exchange rate on the date of exercise.
F4 One-third of the options vested on the date of grant and the remaining options will vest in two equal annual installments beginning on the first anniversary of the date of grant.