Peter Luthiger - Jan 1, 2025 Form 3 Insider Report for enCore Energy Corp. (EU)

Role
Chief Operating Officer
Signature
/s/ Peter Luthiger
Stock symbol
EU
Transactions as of
Jan 1, 2025
Transactions value $
$0
Form type
3
Date filed
1/10/2025, 07:39 PM
SEC
View on sec.gov

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
holding EU Stock Option (Right to Buy) Jan 1, 2025 Common Stock 83.3K $3.00 Direct F1, F2
holding EU Stock Option (Right to Buy) Jan 1, 2025 Common Stock 87.4K $1.94 Direct F3, F4
holding EU Stock Option (Right to Buy) Jan 1, 2025 Common Stock 100K $3.93 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 2, 2022, the reporting person was granted 83,333 stock options of enCore Energy Corp. (the "Company") pursuant to the Company's Stock Option Plan. The stock options are fully vested and became exercisable in four equal installments beginning on November 2, 2022, which was the six-month anniversary of the date on which the stock options were granted.
F2 Represents an exercise price of $4.320 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.4395 reported by the Bank of Canada on January 9, 2025.
F3 On May 17, 2023, the reporting person was granted 100,000 stock options of the Company pursuant to the Company's Stock Option Plan. The stock options are fully vested and became exercisable in four equal installments beginning on November 17, 2023, which was the six-month anniversary of the date on which the stock options were granted. On November 27, 2024, the reporting person exercised stock options for 12,580 shares of Common Stock at an exercise price of $2.790.
F4 Represents an exercise price of $2.790 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.4395 reported by the Bank of Canada on January 9, 2025.
F5 On June 13, 2024, the reporting person was granted 100,000 stock options of the Company pursuant to the Company's Stock Option Plan. The stock options vested and became exercisable one-fourth on December 13, 2024, and will vest and become exercisable one-fourth on June 13, 2025, one-fourth on December 13, 2025 and one-fourth on June 13, 2026.
F6 Represents an exercise price of $5.650 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.4395 reported by the Bank of Canada on January 9, 2025.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney