Jessica Largent - Jan 1, 2022 Form 3 Insider Report for PERPETUA RESOURCES CORP. (PPTA)

Signature
/s/ Tanya Nelson, as attorney-in-fact for Jessica Largent
Stock symbol
PPTA
Transactions as of
Jan 1, 2022
Transactions value $
$0
Form type
3
Date filed
1/5/2022, 03:59 PM
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PPTA Common Shares 4.5K Jan 1, 2022 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
holding PPTA Director and Employee Stock Option (right to buy) Jan 1, 2022 Common Shares 40K $7.13 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option, representing a right to purchase a total of 40,000 common shares (the "Common Shares") of Perpetua Resources Corp. (the "Issuer"), became exercisable as to 10,000 Common Shares on March 15, 2021, and becomes exercisable as to 10,000 Common Shares on March 15, 2022, and exercisable as to 10,000 Common Shares on March 15, 2023, with the remainder to vest on March 15, 2024, subject to the terms and conditions of the Issuer's 2011 Evergreen Incentive Stock Option Plan.
F2 The exercise price of the stock option of CAD$9.13 is converted to USD based on the daily average exchange rate as reported by the H.10 statistical release of the Board of Governances of the Federal Reserve System on December 23, 2021 of C$1.2809 = US$1.00.

Remarks:

VP, Investor Relations and Finance Exhibit List: Exhibit 24.1 - Power of Attorney