Tony Giardini - Dec 9, 2024 Form 4/A - Amendment Insider Report for Trilogy Metals Inc. (TMQ)

Signature
/s/ Elaine Sanders as attorney-in-fact for Tony Giardini
Stock symbol
TMQ
Transactions as of
Dec 9, 2024
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/10/2025, 08:58 PM
Date Of Original Report
Dec 11, 2024
Previous filing
Jan 10, 2025
Next filing
Mar 10, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMQ Common Shares Award $0 +451K +7.78% $0.00 6.25M Dec 9, 2024 Direct F1
transaction TMQ Common Shares Options Exercise $0 +117K +1.87% $0.00 6.37M Dec 9, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TMQ Restricted Stock Units Award $0 +350K $0.00 350K Dec 9, 2024 Common Shares 350K Direct F2, F3
transaction TMQ Restricted Stock Units Options Exercise $0 -117K -33.33% $0.00 233K Dec 9, 2024 Common Shares 117K Direct F2, F3
transaction TMQ Employee Stock Option Award $0 +675K $0.00 675K Dec 9, 2024 Common Shares 675K $1.08 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of restricted stock units which fully vest on December 9, 2024.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3 Represents grant of restricted stock units which vest as follows: 1/3 on date of grant; 1/3 one year following grant date; and 1/3 two years following grant date.
F4 The option exercise price was converted from the Canadian exercise price of C$1.52 using an exchange rate of C$1.413 = US$1.00.
F5 The options vest as follows: 1/3 on December 9, 2024; 1/3 on December 9, 2025; and 1/3 on December 9, 2026.