Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NB | Common Shares | Options Exercise | $180K | +300K | +61.1% | $0.60 | 791K | Mar 1, 2022 | Direct | F1 |
transaction | NB | Common Shares | Tax liability | -$180K | -202K | -25.51% | $0.89 | 589K | Mar 1, 2022 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NB | Director Stock Option (right to buy) | Options Exercise | $0 | -300K | -100% | $0.00* | 0 | Mar 1, 2022 | Common Shares | 300K | $0.60 | Direct | F1, F3 |
Id | Content |
---|---|
F1 | Option exercise price reflected was converted from Canadian exercise price of C$0.76 using an exchange rate of C$1.2698 = US$1.00 as reported by the Bank of Canada on February 28, 2022. |
F2 | Sale price of common shares withheld in satisfaction of option exercise price is based on the closing price of the common shares on the Toronto Stock Exchange on February 28, 2022 of C$1.13, which was converted using an exchange rate of C$1.2698 = US$1.00 as reported by the Bank of Canada on February 28, 2022. |
F3 | The option, representing a right to purchase a total of 300,000 Common Shares, became exercisable in installments as follows: 50% on September 2, 2017; 25% March 6, 2018; and the remaining balance on September 2, 2018. |