SEC Form 4 · accession 0001615774-18-013963
NIOCORP DEVELOPMENTS LTD · NB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F. Ashburn Jr.
Officer — Vice President
Period of report
Nov 15, 2018
Accepted (ET)
Dec 6, 2018 · 5:43 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 | $0.423 | Nov 15, 2018 | A | 175,000 | A | — | Nov 15, 2023 | Common Shares | 175,000 | 175,000 | D |
Explanation of responses
- F1Option exercise price reflected was converted from Canadian exercise price of C$0.54 using an exchange rate of C$1.2773=US$1.00 as reported by the Bank of Canada on November 15, 2018.
- F2The option vests as follows: 50% on 05/15/2019; 25% on 11/15/2019; 25% on 05/15/2020.