John D. Thompson - 24 Jun 2022 Form 4 Insider Report for SCANDIUM INTERNATIONAL MINING CORP. (SCYYF)

Role
Vice President
Signature
/s/ John D. Thompson
Issuer symbol
SCYYF
Transactions as of
24 Jun 2022
Net transactions value
+$28,000
Form type
4
Filing time
28 Jun 2022, 12:16:03 UTC
Previous filing
26 Jan 2023
Next filing
21 Nov 2023
SEC
View on sec.gov

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 $28,000 +400,000 +21% $0.0700* 2,350,000 24 Jun 2022 Common Stock 400,000 $0.0700 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.