SEC Form 4 · accession 0001062993-18-004188
INTERNATIONAL TOWER HILL MINES LTD · THM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anton J Drescher
Director
Period of report
Oct 17, 2018
Accepted (ET)
Oct 24, 2018 · 5:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001134115
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Share Unit (DSU)F1,F2 | $0.82 | Oct 17, 2018 | A | 102,220 | A | — | — | Common Stock | 102,220 | 231,907 | D |
Explanation of responses
- F1The exercise price was converted from CAD 0.82 to USD0.63, based on the October 17, 2018 exchange rate as quoted by the Bank of Canada. The exercise price is the actual Canadian dollar amount regardless of the exchange rate on the date of exercise.
- F2The reported deferred stock units (DSU) vested in full on the date of grant and the Reporting Person will receive the common shares underlying the DSU upon the Reporting Person's end of service as a Director.