SEC Form 4 · accession 0001140361-15-002709
RARE ELEMENT RESOURCES LTD · REEMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randall John Scott
Officer — President and CEO · Director
Period of report
Jan 22, 2015
Accepted (ET)
Jan 26, 2015 · 3:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001419806
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 | $0.32 | Jan 22, 2015 | A | 100,000 | A | — | Jan 22, 2020 | Common Shares | 100,000 | 460,000 | D |
Explanation of responses
- F1The option will vest and become exercisable as follows: 20,000 on 5/22/2015; 20,000 on 9/22/2015; 20,000 on 1/22/2016; 20,000 on 4/22/2016; and 20,000 on 7/22/2016.