Lowell A. Shonk - Jan 4, 2023 Form 4 Insider Report for RARE ELEMENT RESOURCES LTD (REEMF)

Role
Director
Signature
/s/ Wayne Rich as Attorney-in-Fact for Lowell A. Shonk
Stock symbol
REEMF
Transactions as of
Jan 4, 2023
Transactions value $
$0
Form type
4
Date filed
1/6/2023, 03:54 PM
Previous filing
Jan 7, 2022

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 +200K $0.00 200K Jan 4, 2023 Common Shares 200K $0.38 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: 100,000 on July 4, 2023 and 100,000 on January 4, 2024.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney