Larry Goldman - 22 Jan 2025 Form 4 Insider Report for LIGHTBRIDGE Corp (LTBR)

Role
CFO
Signature
/s/ Larry Goldman
Issuer symbol
LTBR
Transactions as of
22 Jan 2025
Net transactions value
-$270,651
Form type
4
Filing time
24 Jan 2025, 16:30:08 UTC
Previous filing
08 Jan 2025
Next filing
14 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTBR Common Stock Options Exercise $28,963 +7,582 +3.8% $3.82 205,319 22 Jan 2025 Direct F1
transaction LTBR Common Stock Sale $146,041 -20,863 -10% $7.00 184,456 22 Jan 2025 Direct F1
transaction LTBR Common Stock Sale $153,573 -15,253 -8.3% $10.07 169,203 23 Jan 2025 Direct F1, 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 LTBR Employee Stock Option (right to buy) Options Exercise $0 -7,582 -16% $0.000000 41,319 22 Jan 2025 Common Stock 7,582 $3.82 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported exercise of 7,582 employee stock options and sale of 36,116 shares of common stock were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.14, inclusive. The reporting person undertakes to provide to Lightbridge Corporation, any security holder of Lightbridge Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.