William Beckwith Hayden - Oct 7, 2021 Form 4 Insider Report for Trilogy Metals Inc. (TMQ)

Role
Director
Signature
/s/ Elaine Sanders as attorney-in-fact for William Beckwith Hayden
Stock symbol
TMQ
Transactions as of
Oct 7, 2021
Transactions value $
-$2,737
Form type
4
Date filed
10/7/2021, 05:14 PM
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMQ Common Shares Options Exercise $41.3K +75K +54.37% $0.55 213K Oct 7, 2021 Direct F1
transaction TMQ Common Shares Sale -$44K -25.4K -11.94% $1.73 188K Oct 7, 2021 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 TMQ Director Stock Option Options Exercise $0 -75K -100% $0.00* 0 Oct 7, 2021 Common Shares 75K $0.55 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise price reported above was converted from the Canadian exercise price of C$0.70 using an exchange rate of C$1.2613 = US$1.00.
F2 The sales price reported is a weighted average price. These shares were sold in multiple transactions ranging from C$2.15 to C$2.23, inclusive. The reporting person undertakes to provide to Trilogy Metals Inc., any security holder of Trilogy Metals Inc., 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. The sales price reported above was converted from the Canadian average weighted sales price of $2.18 using an exchange rate of $1.2613 = US$1.00.