Tony Giardini - Jan 4, 2022 Form 4 Insider Report for Trilogy Metals Inc. (TMQ)

Role
President and CEO, Director
Signature
/s/ Elaine Sanders as attorney-in-fact for Tony Giardini
Stock symbol
TMQ
Transactions as of
Jan 4, 2022
Transactions value $
$0
Form type
4
Date filed
1/5/2022, 12:53 PM
Previous filing
Dec 13, 2021
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMQ Common Shares Options Exercise +61.8K +9.04% 745K Jan 4, 2022 Direct F1
transaction TMQ Common Shares Options Exercise +197K +26.48% 942K Jan 4, 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 TMQ Restricted Stock Units Options Exercise $0 -61.8K -33.33% $0.00 124K Jan 4, 2022 Common Shares 61.8K Direct F1
transaction TMQ Restricted Stock Units Options Exercise $0 -197K -100% $0.00* 0 Jan 4, 2022 Common Shares 197K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents December 9, 2021, grant of restricted stock units which vest as follows: 1/3 on December 9, 2021; 1/3 on December 9, 2022; and 1/3 on December 9, 2023. Settlement of the vested RSUs occurred on January 4, 2022.
F2 Represents December 9, 2021, grant of restricted stock units which fully vest on the grant date. Settlement of the vested RSUs occurred on January 4, 2022.