Neal S. Shah - 25 Mar 2022 Form 4 Insider Report for NIOCORP DEVELOPMENTS LTD (NB)

Signature
/s/ Neal S. Shah
Issuer symbol
NB
Transactions as of
25 Mar 2022
Net transactions value
+$9,742
Form type
4
Filing time
25 Mar 2022, 16:00:40 UTC
Previous filing
08 Mar 2022
Next filing
29 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NB Common Shares Options Exercise $9,742 +26,000 +6.9% $0.3747 401,000 25 Mar 2022 Direct F1

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 NB Employee Stock Option (right to buy) Options Exercise $0 -26,000 -10% $0.000000 229,000 25 Mar 2022 Common Shares 26,000 $0.3747 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option exercise price reflected was converted from Canadian exercise price of C$0.47 using an exchange rate of C$1.2545 = US$1.00 as reported by the Bank of Canada on March 24, 2022.
F2 The option, representing a right to purchase a total of 300,000 Common Shares, became exercisable on the issuance date of November 9, 2017.