-
Signature
-
David C. Frydenlund
-
Stock symbol
-
UUUU
-
Transactions as of
-
Jan 16, 2024
-
Transactions value $
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$548,850
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Form type
-
4
-
Date filed
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1/18/2024, 06:12 PM
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
UUUU |
Common Shares |
Options Exercise |
$983K |
+123K |
+26.81% |
$7.96 |
584K |
Jan 16, 2024 |
Direct |
|
| transaction |
UUUU |
Common Shares |
Tax liability |
-$434K |
-54.5K |
-9.34% |
$7.96 |
530K |
Jan 16, 2024 |
Direct |
|
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 |
UUUU |
Stock Appreciation Rights ("SARs") |
Options Exercise |
$0 |
-195K |
-34.79% |
$0.00 |
365K |
Jan 16, 2024 |
Common Shares |
123K |
$2.92 |
Direct |
|
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Remarks:
The conversion and tax withholding reported in this Form 4 constitute an acquisition of 68,951 Common Shares of Issuer, after applicable tax withholdings, upon an exercise of SARs using the fair market value of USD$7.96/Common Share (using Toronto Stock Exchange closing price on January 15, 2024 of CAN$10.69 at a conversion rate of 1 CAD = 0.74454 USD). The Common Shares withheld for taxes were a deemed issuance by the Issuer and a deemed disposition by the Reporting Person, with no Common Shares actually issued to or sold by the Reporting Person in connection with the tax withholding.