L. Hanneman - May 24, 2022 Form 4 Insider Report for INTERNATIONAL TOWER HILL MINES LTD (THM)

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	+90.2K		$0.00	90.2K	May 24, 2022	Common Stock	90.2K		Direct	F1, F2
transaction	THM	Stock Option (right to buy)	Award	$0	+150K		$0.00	150K	May 24, 2022	Common Stock	150K	$0.72	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 0.92 to USD 0.72 based on the May 24, 2022 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.