Peter Evensen - Jun 24, 2022 Form 4 Insider Report for SCANDIUM INTERNATIONAL MINING CORP. (SCY)

Role
CEO, Director
Signature
/s/ Peter Evensen
Stock symbol
SCY
Transactions as of
Jun 24, 2022
Transactions value $
$140,000
Form type
4
Date filed
6/28/2022, 12:09 PM
Previous filing
May 7, 2021
Next filing
Jan 23, 2023

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 SCY Options to purchase common stock Award $140K +2M +117.65% $0.07* 3.7M Jun 24, 2022 Common Stock 2M $0.07 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the exercise price of CAD$0.09 per underlying common share, based on a USD/CAD exchange rate of 1.2933.
F2 25% of the Options vest on the grant date and 25% of the Options will vest every six months thereafter.
F3 Represents the exercise price of CAD$0.09 per underlying common share, based on a USD/CAD exchange rate of 1.2933.