Robert M. Friedland - 27 Sep 2023 Form 4 Insider Report for Ivanhoe Electric Inc. (IE)

Role: Executive Chairman, Director
Signature: /s/ Robert M. Friedland
Issuer symbol: IE
Transactions as of: 27 Sep 2023
Net transactions value: +$2,599,679
Form type: 4
Filing time: 28 Sep 2023, 20:12:30 UTC
Previous filing: 01 Dec 2022
Next filing: 07 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IE	Common Stock	Conversion of derivative security	$2,599,679	+553,960	+5.9%	$4.69	9,939,284	27 Sep 2023	Direct	F1

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	IE	I-Pulse Convertible Notes	Conversion of derivative security	$0	-2,499,960	-100%	$0.000000^*	0	27 Sep 2023	Common Stock	553,960	$4.69	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The Reporting Person converted a promissory note issued by I-Pulse Inc. that became exchangeable upon the Issuer's IPO into shares of the Issuer's common stock held by I-Pulse at a price per share $4.6929.
F2	The reporting person delayed his election to convert the I-Pulse Convertible Note into common shares of the Issuer until the Issuer exited a trading blackout of its securities that had been in place since prior to maturity of the I-Pulse Convertible Note.