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

Role
Officer
Signature
/s/ Tanya Nelson, as attorney-in-fact for L. Michael Bogert
Stock symbol
PPTA
Transactions as of
Apr 11, 2024
Transactions value $
-$35,475
Form type
4
Date filed
4/15/2024, 07:40 PM
Previous filing
Apr 1, 2024

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 $98.3K +21.5K +84.38% $4.57 47K Apr 11, 2024 Direct F1
transaction PPTA Common Shares Sale -$134K -21.5K -45.77% $6.22 25.5K Apr 11, 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 -21.5K -100% $0.00* 0 Apr 11, 2024 Common Shares 21.5K $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.