SEC Form 4 · accession 0001123292-15-000612
INTERNATIONAL TOWER HILL MINES LTD · THM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Irwin
Officer — CEO and President
Period of report
Mar 16, 2015
Accepted (ET)
Mar 18, 2015 · 7:42 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $0.78 | Mar 16, 2015 | A | 500,000 | A | — | Mar 16, 2023 | Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1The exercise price was converted from CAD1.00 based on the March 16, 2015 noon rate as quoted by the Bank of Canada to USD0.7834. The exercise price is the actual Canadian dollar amount regardless of the exchange rate on the date of exercise.
- F2Options were granted on March 16, 2015 and vest as follows: one-third on the grant date, one-third on March 16, 2016 and one-third on March 16, 2017.