SEC Form 4 · accession 0001140361-16-089685
RARE ELEMENT RESOURCES LTD · REEMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lowell A Shonk
Director
Period of report
Dec 13, 2016
Accepted (ET)
Dec 14, 2016 · 4:53 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) | $0.04 | Dec 13, 2016 | A | 125,000 | A | Dec 13, 2016 | Dec 13, 2021 | Common Shares | 125,000 | 125,000 | D |
| Stock Option (Right to Buy)F1 | $0.04 | Dec 13, 2016 | A | 125,000 | A | — | Dec 13, 2021 | Common Shares | 125,000 | 125,000 | D |
Explanation of responses
- F1The option will vest and become exercisable as follows: 62,500 on 12/13/2016, 31,250 on 3/31/2017, and 31,250 on 6/30/2017.