| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | TLLTF | Common Shares, no par value | 18.9K | Jan 29, 2024 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | TLLTF | Employee Stock Options (right to buy) | Jan 29, 2024 | Common Shares, no par value | 100K | $0.48 | Direct | F1, F2 | ||||||
| holding | TLLTF | Restricted Share Units | Jan 29, 2024 | Common Shares, no par value | 6.56K | $0.00 | Direct | F3, F4, F5 | ||||||
| holding | TLLTF | Performance Share Units | Jan 29, 2024 | Common Shares, no par value | 48.8K | $0.00 | Direct | F6, F7, F8 |
| Id | Content |
|---|---|
| F1 | The original grant of 100,000 stock options vested as to 50,000 common shares on February 11, 2021. The remaining 50,000 common shares vested in equal monthly installments of 1/24th of such remaining portion, with the first installment having vested on March 11, 2021 and each subsequent installment having vested on the same day of each month thereafter for the following 23 months. |
| F2 | The exercise price of the options is $0.65 Canadian dollars per share of the Issuer's common shares. The amount in column 4 is converted to U.S. dollars using the exchange rate as of February 5, 2024 as reported by the Bank of Canada. |
| F3 | The original grant of 26,250 restricted share units ("RSUs") has vested or will vest in four equal annual installments, with the first installment having vested on December 31, 2021, subject to the Reporting Person's continued employment with the Issuer on each vesting date. |
| F4 | The RSUs do not expire, they either vest or are cancelled. |
| F5 | Each RSU is equivalent in value to one share of the Issuer's common shares, no par value, at the time of vesting for no consideration. |
| F6 | The Performance Share Units ("PSUs") will vest annually on December 31 of each year during the performance period of July 1, 2021 to December 31, 2024 ("Performance Period"), upon the Issuer's common shares achieving specified prices per share during each half year period during the Performance Period, subject to the Reporting Person's continued employment with the Issuer on each vesting date; provided that (i) a maximum of 50% of the PSUs may vest on December 31, 2022, (ii) a maximum of 75% of the PSUs may vest on December 31, 2023 and (iii) a maximum of 100% of the PSUs may vest on December 31, 2024. |
| F7 | The PSUs do not expire, they either vest or are cancelled. |
| F8 | Each PSU is equivalent in value to one share of the Issuer's common shares, no par value, at the time of vesting for no consideration. |