Paul John Schlauch - 05 Apr 2021 Form 4/A - Amendment Insider Report for RARE ELEMENT RESOURCES LTD (REEMF)

Role: Director
Signature: /s/ Randall J. Scott as Attorney-in-Fact for Paul J. Schlauch
Issuer symbol: REEMF
Transactions as of: 05 Apr 2021
Net transactions value: -$4,001
Form type: 4/A - Amendment
Filing time: 18 Apr 2022, 16:10:06 UTC
Date Of Original Report: 07 Apr 2021
Next filing: 18 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REEMF	Common Shares	Tax liability	$4,001	-1,710	-1.6%	$2.34	108,290	06 Apr 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On April 4, 2021 the Reporting Person filed a Form 4 that inadvertently reported that 1,790 Common Shares were withheld for the payment of exercise price or tax liability in connection with his exercise of options to purchase 100,000 Common Shares. In fact, as reported in this amendment, 1,710 shares were withheld for the payment of exercise price or tax liability in connection with his exercise of options.

Content

On April 4, 2021 the Reporting Person filed a Form 4 that inadvertently reported that 1,790 Common Shares were withheld for the payment of exercise price or tax liability in connection with his exercise of options to purchase 100,000 Common Shares. In fact, as reported in this amendment, 1,710 shares were withheld for the payment of exercise price or tax liability in connection with his exercise of options.