Gregory A. Lang - Dec 1, 2022 Form 4 Insider Report for Trilogy Metals Inc. (TMQ)

Role
Director
Signature
/s/ Elaine Sanders as attorney-in-fact for Gregory A. Lang
Stock symbol
TMQ
Transactions as of
Dec 1, 2022
Transactions value $
$0
Form type
4
Date filed
12/2/2022, 04:47 PM
Previous filing
Nov 30, 2022
Next filing
Dec 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMQ Common Shares Award +13.4K 13.4K Dec 1, 2022 Direct F1
transaction TMQ Common Shares Gift -13.4K -100% 0 Dec 1, 2022 Direct F2
transaction TMQ Common Shares Gift +13.4K +4.46% 314K Dec 1, 2022 Family Trust F2

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 TMQ Deferred Share Units ("DSUs") Award $0 +8.65K +3.46% $0.00 258K Dec 1, 2022 Common Shares 8.65K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of restricted stock units which fully vested and settled on the December 1, 2022 grant date.
F2 Represents a bona fide gift transfer of shares to a family trust.
F3 Non-discretionary issuances of DSUs pursuant to elections made by plan participants prior to the commencement of the current fiscal year.
F4 The DSUs vest immediately; however, the underlying common shares will not be issued to the grantee, and the grantee shall not having any voting or dispositive rights with respect to the underlying common shares, until termination of the grantee's employment or services as a director of the Issuer. The grants will expire no later than 90 days after the grantee's termination date.