Gerald W. Grandey - Jan 5, 2022 Form 4 Insider Report for RARE ELEMENT RESOURCES LTD (REEMF)

Role
Director
Signature
/s/ Randall J. Scott as Attorney-in-Fact for Gerald W. Grandey
Stock symbol
REEMF
Transactions as of
Jan 5, 2022
Transactions value $
$0
Form type
4
Date filed
1/7/2022, 06:34 AM
Previous filing
Dec 17, 2021
Next filing
Jan 6, 2023

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 REEMF Stock Option (Right to Buy) Award $0 +300K $0.00 300K Jan 5, 2022 Common Shares 300K $1.42 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option will vest and become exercisable as follows: 150,000 on July 5, 2022 and 150,000 on January 5, 2023.