Janice Stairs - Nov 10, 2021 Form 4 Insider Report for Trilogy Metals Inc. (TMQ)

Role
Director
Signature
/s/ Elaine Sanders as attorney-in-fact for Janice Stairs
Stock symbol
TMQ
Transactions as of
Nov 10, 2021
Transactions value $
-$17,445
Form type
4
Date filed
11/15/2021, 11:19 AM
Previous filing
Nov 5, 2021
Next filing
Dec 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMQ Common Shares Options Exercise $433 +773 +0.27% $0.56 287K Nov 10, 2021 Direct F1
transaction TMQ Common Shares Sale -$784 -400 -0.14% $1.96 286K Nov 10, 2021 Direct F2
transaction TMQ Common Shares Options Exercise $14K +25K +8.74% $0.56 311K Nov 11, 2021 Direct F1
transaction TMQ Common Shares Sale -$25.4K -12.8K -4.12% $1.98 298K Nov 11, 2021 Direct F3
transaction TMQ Common Shares Options Exercise $7.03K +12.6K +4.21% $0.56 311K Nov 11, 2021 Direct F1
transaction TMQ Common Shares Sale -$12.7K -6.45K -2.08% $1.97 304K Nov 11, 2021 Direct F4

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 (Right to Buy) Options Exercise $0 -773 -1.55% $0.00 49.2K Nov 10, 2021 Common Shares 773 $0.56 Direct F1
transaction TMQ Director Stock Option (Right to Buy) Options Exercise $0 -25K -50.79% $0.00 24.2K Nov 11, 2021 Common Shares 25K $0.56 Direct F1
transaction TMQ Director Stock Option (Right to Buy) Options Exercise $0 -12.6K -51.81% $0.00 11.7K Nov 11, 2021 Common Shares 12.6K $0.56 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Converted from Canadian exercise price of C$0.70 using an exchange rate of C$1.2452 = US$1.00.
F2 The sales price reported above was converted from the Canadian sale price of C$2.44 using an exchange rate C$1.2452 = US$1.00.
F3 The sales price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$2.46 to C$2.47, 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 weighted average price was converted from the Canadian weighted average price of C$2.47 using an exchange rate C$1.2452 = US$1.00.
F4 The sales price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$2.45 to C$2.46, 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 weighted average price was converted from the Canadian weighted average price of C$2.45 using an exchange rate C$1.2452 = US$1.00.