SEC Form 4 · accession 0001567619-18-008532
Trilogy Metals Inc. · TMQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elaine Sanders
Officer — VP and CFO
Period of report
Dec 21, 2018
Accepted (ET)
Dec 21, 2018 · 5:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001543418
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 21, 2018 | M | 66,667 | $0.00 | A | 814,794 | D | |
| Common StockF2 | Dec 21, 2018 | M | 33,333 | $0.00 | A | 848,127 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Dec 21, 2018 | M | 66,667 | D | — | — | Common Stock | 66,667 | 0 | D |
| Restricted Stock UnitsF2 | — | Dec 21, 2018 | M | 33,333 | D | — | — | Common Stock | 33,333 | 33,334 | D |
Explanation of responses
- F1Vesting of restricted stock units granted on 12/15/2016. Each restricted stock unit represents a contingent right to receive one share of TMQ common stock. The restricted stock vest in three equal installments on 12/15/2016, 12/15/2017 and 12/15/2018, or as soon as practicable following the annual vesting period.
- F2Vesting of restricted stock units granted on 12/7/2017. Each restricted stock unit represents a contingent right to receive one share of TMQ common stock. The restricted stock units vest in three equal installments on 12/7/2017, 12/7/2018 and 12/7/2019, or as soon as practicable following the annual vesting period.