Mckinsey Lyon - Mar 5, 2025 Form 4 Insider Report for PERPETUA RESOURCES CORP. (PPTA)

Role
Officer
Signature
/s/ Tanya Nelson, as attorney-in-fact for Mckinsey Lyon
Stock symbol
PPTA
Transactions as of
Mar 5, 2025
Transactions value $
-$200,302
Form type
4
Date filed
3/7/2025, 06:39 PM
Previous filing
Feb 21, 2025
Next filing
Apr 1, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPTA Common Shares Options Exercise +10.6K +28.24% 48.2K Mar 5, 2025 Direct F1
transaction PPTA Common Shares Award $0 +63.7K +132.12% $0.00 112K Mar 5, 2025 Direct
transaction PPTA Common Shares Sale -$28.6K -3.25K -2.9% $8.82 109K Mar 5, 2025 Direct F2, F3
transaction PPTA Common Shares Sale -$172K -19.5K -17.92% $8.82 89.2K Mar 5, 2025 Direct F3, F4

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 PPTA Restricted Share Units Options Exercise $0 -10.6K -16.32% $0.00 54.4K Mar 5, 2025 Common Shares 10.6K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A restricted share unit ("RSU") entitles the holder to receive one Common Share (or cash equal to the value thereof) for each vested RSU. The RSUs that vested on March 5, 2025 were settled in Common Shares of the Issuer.
F2 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of Restricted Share Units, which vested on March 5, 2025, and were settled in Common Shares of the Issuer.
F3 The sale price included on this Form 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.76 to $9.00, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Shares sold at each separate price within the ranges set forth in this footnote (3).
F4 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of Performance Share Units, which vested on March 5, 2025, when certification of the applicable performance measures occurred, and were settled in Common Shares of the Issuer following such certification.
F5 On March 5, 2022, the reporting person was granted 36,863 RSUs, which vest ratably on each of the first three anniversaries of the grant date, subject to the terms and conditions of the Perpetua Resources Corp. Omnibus Equity Incentive Plan.

Remarks:

(6) VP, External Affairs at Perpetua Resources Idaho, Inc., a wholly owned subsidiary of Perpetua Resources Corp.