Mckinsey Margaret Lyon - 30 Sep 2024 Form 4 Insider Report for PERPETUA RESOURCES CORP. (PPTA)

Role
Officer
Signature
/s/ Tanya Nelson, as attorney-in-fact for Mckinsey Lyon
Issuer symbol
PPTA
Transactions as of
30 Sep 2024
Net transactions value
-$102,340
Form type
4
Filing time
02 Oct 2024, 16:08:07 UTC
Previous filing
01 Apr 2024
Next filing
12 Feb 2025
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 $98,685 +21,500 +94% $4.59 44,343 30 Sep 2024 Direct F1
transaction PPTA Common Shares Sale $201,025 -21,500 -48% $9.35 22,843 30 Sep 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 30 Sep 2024 Common Shares 21,500 $4.59 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 September 27, 2024, of C$1.3504 = US$1.00.
F2 The sale price of the stock option of CAD $12.62 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 September 27, 2024, of C$1.3504 = US$1.00. The sale price of CAD $12.62 is a weighted average price. These shares were sold in multiple transactions at prices ranging from CAD $12.57 to CAD $12.74, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Shares sold at each separate price within the range set forth in this footnote (2).
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) VP, External Affairs at Perpetua Resources Idaho, Inc., a wholly owned subsidiary of Perpetua Resources Corp.