SEC Form 4 · accession 0001140361-17-011067
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
Mar 6, 2017
Accepted (ET)
Mar 8, 2017 · 6:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001512228
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1,F2 | $0.5667 | Mar 6, 2017 | A | 400,000 | A | — | Mar 6, 2022 | Common Shares | 400,000 | 400,000 | D |
Explanation of responses
- F1Option exercise price reflected was converted from Canadian exercise price of $0.76 using an exchange rate of C$1.3410=US$1.00.
- F2The option vests as follows: 50% on 9/2/2017; 25% on 3/6/2018; 25% on 9/2/2018.