SEC Form 4 · accession 0001123292-17-001660
INTERNATIONAL TOWER HILL MINES LTD · THM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl L Hanneman
Officer — Chief Executive Officer
Period of report
Oct 23, 2017
Accepted (ET)
Nov 2, 2017 · 4:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001134115
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 212,000 | D |
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 | $1.07 | Oct 23, 2017 | A | 250,000 | A | — | Feb 1, 2025 | Common Stock | 250,000 | 250,000 | D |
Explanation of responses
- F1The exercise price was converted from CAD1.35 to USD1.0677, based on the October 23, 2017 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 options vest as to one-third on the date of grant, one-third on February 1, 2018 and one-third on February 1, 2019.