SEC Form 4 · accession 0001279569-15-001247
INTERNATIONAL TOWER HILL MINES LTD · THM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Allen Cross
Officer — CHIEF FINANCIAL OFFICER
Period of report
Jun 9, 2015
Accepted (ET)
Jun 11, 2015 · 5:01 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 | $0.81 | Jun 9, 2015 | A | 30,000 | A | — | Jun 9, 2023 | Common stock | 30,000 | 30,000 | D |
Explanation of responses
- F1The exercise price was converted from CAD1.00 based on the June 9, 2015 noon rate as quoted by the Bank of Canada to USD0.8119. The exercise price is the actual Canadian dollar amount regardless of the exchange rate on the date of exercise.
- F2Options were granted on June 9, 2015 and vest as follows: one-third on the grant date, one-third on June 9, 2016 and one-third on June 9, 2017.