Kelli C. Kast-Brown - 04 Jan 2023 Form 4 Insider Report for RARE ELEMENT RESOURCES LTD (REEMF)

Role
Director
Signature
/s/ Wayne Rich as Attorney-in-Fact for Kelli C. Kast-Brown
Issuer symbol
REEMF
Transactions as of
04 Jan 2023
Net transactions value
$0
Form type
4
Filing time
06 Jan 2023, 15:55:43 UTC
Previous filing
24 Aug 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
transaction REEMF Stock Option (Right to Buy) Award $0 +225,000 $0.000000 225,000 04 Jan 2023 Common Shares 225,000 $0.3800 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: 112,500 on July 4, 2023 and 112,500 on January 4, 2024.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney