Alexander McLeod Sternhell - 01 Jan 2022 Form 3 Insider Report for PERPETUA RESOURCES CORP. (PPTA)

Role
Director
Signature
/s/ Tanya Nelson, as attorney-in-fact for Alexander Sternhell
Issuer symbol
PPTA
Transactions as of
01 Jan 2022
Net transactions value
$0
Form type
3
Filing time
05 Jan 2022, 16:00:02 UTC
Next filing
04 Apr 2022
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 PPTA Director and Employee Stock Option (right to buy) 01 Jan 2022 Common Shares 20,000 $9.21 Direct F1, F2
holding PPTA Director and Employee Stock Option (right to buy) 01 Jan 2022 Common Shares 9,500 $9.21 Direct F3, F4
holding PPTA Deferred Share Units 01 Jan 2022 Common Shares 1,146 Direct F5
holding PPTA Deferred Share Units 01 Jan 2022 Common Shares 1,397 Direct F5
holding PPTA Deferred Share Units 01 Jan 2022 Common Shares 953 Direct F5
holding PPTA Deferred Share Units 01 Jan 2022 Common Shares 1,465 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option, representing a right to purchase a total of 20,000 common shares ("Common Shares") of Perpetua Resources Corp. (the "Issuer"), became exercisable as to 5,000 Common Shares on January 20, 2021, and becomes exercisable as to 5,000 Common Shares on January 20, 2022, and exercisable as to 5,000 Common Shares on January 20, 2023, with the remainder to vest on January 20, 2024, subject to the terms and conditions of the Issuer's 2011 Evergreen Incentive Stock Option Plan.
F2 The exercise price of the stock option of CAD$11.80 is converted to USD based on the daily average exchange rate as reported by the H.10 statistical release of the Board of Governances of the Federal Reserve System on December 23, 2021 of C$1.2809 = US$1.00.
F3 The stock option, representing a right to purchase a total of 9,500 Common Shares, became exercisable as to 2,375 Common Shares on January 20, 2021, and becomes exercisable as to 2,375 Common Shares on January 20, 2022, and exercisable as to 2,375 Common Shares on January 20, 2023, with the remainder to vest on January 20, 2024, subject to the terms and conditions of the Issuer's 2011 Evergreen Incentive Stock Option Plan.
F4 The exercise price of the stock option of CAD$11.80 is converted to USD based on the daily average exchange rate as reported by the H.10 statistical release of the Board of Governances of the Federal Reserve System on December 23, 2021 of C$1.2809 = US$1.00.
F5 A deferred share unit ("DSU") entitles the holder to receive one Common Share (or, at the election of the holder and subject to the approval of the plan administrator of the Issuer's Omnibus Equity Incentive Plan, cash equal to the value thereof on the date of settlement) for each DSU. The DSUs are fully vested as of the date of grant and will be settled following the reporting person's separation from service.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney