Gerald W. Grandey - 13 Feb 2025 Form 4 Insider Report for RARE ELEMENT RESOURCES LTD (REEMF)

Role
Director
Signature
/s/ Wayne Rich as Attorney-in-Fact for Gerald W. Grandey
Issuer symbol
REEMF
Transactions as of
13 Feb 2025
Net transactions value
+$141
Form type
4
Filing time
18 Feb 2025, 17:04:09 UTC
Previous filing
18 Mar 2024
Next filing
13 Mar 2026
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REEMF Common Shares Options Exercise $124,500 +150,000 +3.1% $0.8300 4,922,260 13 Feb 2025 Direct
transaction REEMF Common Shares Tax liability $124,359 -141,317 -2.9% $0.8800 4,780,943 13 Feb 2025 Direct F1

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 REEMF Stock Option (Right to Buy) Options Exercise $0 -150,000 -100% $0.000000 0 13 Feb 2025 Common Shares 150,000 $0.8300 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld by the Company to satisfy the exercise price in connection with the net settlement of options, and does not represent a sale of any shares by Mr. Grandey.
F2 The option vested and became exercisable as follows: 75,000 on 02/13/2021 and 75,000 on 02/13/2022.