SEC Form 3 · accession 0001140361-16-083941
NIOCORP DEVELOPMENTS LTD · NB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James T. Sims
Officer — VP - External Affairs
Period of report
Oct 28, 2016
Accepted (ET)
Oct 28, 2016 · 7:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001512228
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | holding | — | — | — | 8,419 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2,F1 | $0.4353 | holding | — | — | — | Jan 21, 2016 | Jan 20, 2021 | Common Shares | 500,000 | — | D |
Explanation of responses
- F1The options vest as follows: 50% on 7/21/16; 25% on 1/21/17; and the remaining balance on 7/21/17.
- F2The exercise price reported above was converted from the Canadian exercise price of $0.62 using an exchange rate of Cdn$1.4243=US$1.00.