SEC Form 3 · accession 0001140361-18-026460
RARE ELEMENT RESOURCES LTD · REEMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Steven Mooney
Director
Period of report
May 24, 2018
Accepted (ET)
May 31, 2018 · 11:21 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001419806
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | holding | — | — | — | 80,000 | 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 | $2.09 | holding | — | — | — | — | Oct 17, 2018 | Common Shares | 65,000 | — | D |
| Stock Option (Right to Buy)F2 | $1.23 | holding | — | — | — | — | Jun 12, 2019 | Common Shares | 20,000 | — | D |
| Stock Option (Right to Buy)F3 | $0.53 | holding | — | — | — | — | Jun 17, 2020 | Common Shares | 100,000 | — | D |
| Stock Option (Right to Buy) | $0.04 | holding | — | — | — | Dec 13, 2016 | Dec 13, 2021 | Common Shares | 100,000 | — | D |
| Stock Option (Right to Buy)F4 | $0.04 | holding | — | — | — | — | Dec 13, 2021 | Common Shares | 100,000 | — | D |
Explanation of responses
- F1The stock option vested and became exercisable as follows: 13,000 on 2/17/2014, 13,000 on 6/17/2014, 13,000 on 10/17/2014, 13,000 on 1/17/2015, and 13,000 on 4/17/2015.
- F2The stock option vested and became exercisable as follows: 4,000 on 10/12/2014, 4,000 on 2/12/2015, 4,000 on 6/12/2015, 4,000 on 9/12/2015, and 4,000 on 12/12/2015.
- F3The stock option vested and became exercisable as follows: 20,000 on 10/17/2015, 20,000 on 2/17/2016, 20,000 on 6/17/2016, 20,000 on 9/17/2016 and 20,000 on 12/17/2016.
- F4The stock option vested and became exercisable as follows: 50,000 on 12/13/2016, 25,000 on 3/31/2017, and 25,000 on 6/30/2017.
Remarks
Exhibit List: Exhibit 24.1 - Power of Attorney