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

Signature
/s/ Neal S. Shah
Stock symbol
NB
Transactions as of
Mar 25, 2022
Transactions value $
$9,742
Form type
4
Date filed
3/25/2022, 04:00 PM
Previous filing
Mar 8, 2022
Next filing
Nov 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NB Common Shares Options Exercise $9.74K +26K +6.93% $0.37 401K Mar 25, 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 -26K -10.2% $0.00 229K Mar 25, 2022 Common Shares 26K $0.37 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.