Key facts
- This page summarizes Michael G. Maselli's Form 4 filing for NIOCORP DEVELOPMENTS LTD (NB).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 23 Dec 2024, 16:00.
Michael G. Maselli - 13 Nov 2024 Form 4 Insider Report for NIOCORP DEVELOPMENTS LTD (NB)
- Reporting relationship
- Director
- Issuer ticker
- NB
- Reported as of
- 13 Nov 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 23 Dec 2024, 16:00:17 UTC
- Prior SEC filing
- 16 Feb 2024
- Next SEC filing
- 23 Dec 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Neal S. Shah, as attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael G. Maselli filed Form 4 for NIOCORP DEVELOPMENTS LTD (NB) on 23 Dec 2024.
Change
- Previous filing in this sequence was filed on 16 Feb 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NB
transaction
Common Shares
Other
- Transaction value
- Shares
- +323,085
- Change %
- +111%
- Price
- Shares after
- 613,081
- Date
- 20 Dec 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NB
transaction
Derivative
Class B Common Stock of Elk Creek Resources Corp
Other
- Transaction value
- Shares
- -323,085
- Change %
- -57%
- Price
- Shares after
- 239,996
- Date
- 20 Dec 2024
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 323,085
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Reflects exchange of Class B common stock of Elk Creek Resources Corp ("Elk Class B Shares") exchanged for the Issuer's common shares on a one-for-one basis. Unvested Elk Class B Shares will vest if, from the closing of the Business Combination until the tenth anniversary thereof, the volume-weighted average price ("VWAP") of the Issuer's common shares exceeds certain thresholds as follows: (a) one-half will vest if the VWAP of the Issuer's common shares exceeds $12.50 for any 20 trading days within any 30 trading day period, and (b) the remaining half will vest if the VWAP of the Issuer's common shares exceeds $15.00 for any 20 trading days within any 30 trading day period.
Footnote F2
Elk Class B shares were acquired from GX Sponsor II LLC ("Sponsor") in a pro rata distribution to all Sponsor members immediately following the closing of the business combination (the "Business Combination") contemplated by the Business Combination Agreement, dated as of September 25, 2022, as amended, entered into by and among GX Acquisition Corp. II, the Issuer, and Big Red Merger Sub Ltd, a wholly owned subsidiary of the Issuer. After the closing of the Business Combination, GX Acquisition Corp. II became an indirect subsidiary of the Issuer and changed its name to "Elk Creek Resources Corp." Reflects vested Elk Class B shares eligible for exchange to Issuer's common shares.
Footnote F3
Includes 239,996 unvested Elk Class B Shares.