Wayne Rich - Mar 28, 2022 Form 4 Insider Report for RARE ELEMENT RESOURCES LTD (REEMF)

Role
Chief Financial Officer
Signature
/s/ Randall J. Scott as Attorney-in-Fact for Wayne Rich
Stock symbol
REEMF
Transactions as of
Mar 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/30/2022, 04:08 PM
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 +125K $0.00* 0 Mar 28, 2022 Common Shares 125K $1.20 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options will vest and become exercisable as follows: 41,666 on March 28, 2023, 41,667 on March 28, 2024, and 41,667 on March 28, 2025.