Randall J. Scott - 05 Jan 2022 Form 4 Insider Report for RARE ELEMENT RESOURCES LTD (REEMF)

Role
President and CEO, Director
Signature
/s/ Randall J. Scott
Issuer symbol
REEMF
Transactions as of
05 Jan 2022
Transactions value $
$0
Form type
4
Filing time
07 Jan 2022, 06:36:28 UTC
Previous filing
03 Dec 2021
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
transaction REEMF Stock Option (Right to Buy) Award $0 +500,000 $0.000000 500,000 05 Jan 2022 Common Shares 500,000 $1.42 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option will vest and become exercisable as follows: 250,000 on July 5, 2022 and 250,000 on January 5, 2023.