Kelli C. Kast-Brown - 23 Aug 2022 Form 3 Insider Report for RARE ELEMENT RESOURCES LTD (REEMF)

Role
Director
Signature
/s/ Randall J. Scott as Attorney-in-Fact for Kelli C. Kast-Brown
Issuer symbol
REEMF
Transactions as of
23 Aug 2022
Net transactions value
$0
Form type
3
Filing time
24 Aug 2022, 16:06:30 UTC
Next filing
06 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding REEMF Common Shares 0 23 Aug 2022 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
holding REEMF Stock Options (Right to Buy) 23 Aug 2022 Common Shares 150,000 $0.8300 Direct F1
holding REEMF Stock Options (Right to Buy) 23 Aug 2022 Common Shares 225,000 $2.25 Direct F2
holding REEMF Stock Options (Right to Buy) 23 Aug 2022 Common Shares 500,000 $1.42 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vested and became exercisable as follows: 75,000 on 2/13/2021 and 75,000 on 2/13/2022.
F2 The option vested or will vest and became or will become exercisable as follows: 112,500 on 12/15/2021 and 112,500 on 12/15/2022.
F3 The option vested or will vest and became or will become exercisable as follows: 250,000 on 7/5/2022 and 250,000 on 1/5/2023.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney