SEC Form 4 · accession 0001140361-15-025125
Trilogy Metals Inc. · TMQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Beckwith Hayden
Director
Period of report
Jun 19, 2015
Accepted (ET)
Jun 23, 2015 · 2:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001543418
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Arrangement OptionsF2,F1 | $2.84 | Jun 19, 2015 | A | 120,000 | A | Jun 19, 2015 | Sep 17, 2015 | Common Shares | 120,000 | 120,000 | D |
| Arrangement OptionsF2,F1 | $0.87 | Jun 19, 2015 | A | 90,000 | A | Jun 19, 2015 | Sep 17, 2015 | Common Shares | 90,000 | 90,000 | D |
| Arrangement OptionsF2,F1 | $0.54 | Jun 19, 2015 | A | 135,000 | A | Jun 19, 2015 | Sep 17, 2015 | Common Shares | 135,000 | 135,000 | D |
Explanation of responses
- F1Reflected in Canadian dollars.
- F2In connection with an arrangement agreement between NovaCopper Inc. (the "Issuer") and Sunward Resources Ltd. ("Sunward"), announced on April 23, 2015, pursuant to which the Issuer acquired Sunward (the "Arrangement") on June 19, 2015 , the Reporting Person received options of the Issuer in exchange for outstanding options of Sunward held immediately prior to the effective time of the Arrangement entitling the Reporting Person to 0.3 shares of the Issuer for each option of Sunward.