L. Michael Bogert - 11 Apr 2024 Form 4 Insider Report for PERPETUA RESOURCES CORP. (PPTA)

Role
Officer
Signature
/s/ Tanya Nelson, as attorney-in-fact for L. Michael Bogert
Issuer symbol
PPTA
Transactions as of
11 Apr 2024
Net transactions value
-$35,475
Form type
4
Filing time
15 Apr 2024, 19:40:04 UTC
Previous filing
01 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPTA Common Shares Exercise of in-the-money or at-the-money derivative security $98,255 +21,500 +84% $4.57 46,979 11 Apr 2024 Direct F1
transaction PPTA Common Shares Sale $133,730 -21,500 -46% $6.22 25,479 11 Apr 2024 Direct F2

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 PPTA Director and Employee Stock Option (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -21,500 -100% $0.000000* 0 11 Apr 2024 Common Shares 21,500 $4.57 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise price of the stock option of CAD $6.20 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 April 5, 2024, of C$1.3580 = US$1.00.
F2 The sale price of the stock option of CAD $8.45 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 April 5, 2024, of C$1.3580 = US$1.00.
F3 The stock option, representing a right to purchase a total of 21,500 Common Shares, became exercisable as to 5,375 Common Shares on January 1, 2020, exercisable as to 5,375 Common Shares on January 1, 2021, exercisable as to 5,375 Common Shares on January 1, 2022, and exercisable as to 5,375 Common Shares on January 1, 2023, subject to the terms and conditions of the Issuer's 2011 Evergreen Incentive Stock Option Plan.

Remarks:

(4) General Counsel at Perpetua Resources Idaho, Inc., a wholly owned subsidiary of Perpetua Resources Corp.