David Beling - Nov 28, 2022 Form 4 Insider Report for NIOCORP DEVELOPMENTS LTD (NB)

Role
Director
Signature
/s/ David Coates Beling
Stock symbol
NB
Transactions as of
Nov 28, 2022
Transactions value $
-$7
Form type
4
Date filed
11/29/2022, 04:23 PM
Previous filing
Mar 3, 2022
Next filing
Mar 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NB Common Shares Options Exercise $70.3K +200K +33.94% $0.35 789K Nov 28, 2022 Direct F1
transaction NB Common Shares Tax liability -$70.3K -80.3K -10.18% $0.87 709K Nov 28, 2022 Direct 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 NB Director Stock Option (right to buy) Options Exercise $0 -200K -100% $0.00* 0 Nov 28, 2022 Common Shares 200K $0.35 Direct F1, F3
* 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$1.3377 = US$1.00 as reported by the Bank of Canada on November 25, 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 November 25, 2022 of C$1.17, which was converted using an exchange rate of C$1.3377 = US$1.00 as reported by the Bank of Canada on November 25, 2022.
F3 The option, representing a right to purchase a total of 200,000 Common Shares, became exercisable on the issuance date of November 9, 2017.