Filing Details

Accession Number:
0001567619-20-011930
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-09 18:30:27
Reporting Period:
2020-06-01
Accepted Time:
2020-06-09 18:30:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1419806 Rare Element Resources Ltd REEMF Gold And Silver Ores (1040) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1525245 John Paul Schlauch P.o. Box 271049
Littleton CO 80127
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Acquisiton 2020-06-01 100,000 $0.53 110,000 No 4 M Direct
Common Shares Disposition 2020-06-01 54,449 $0.97 55,551 No 4 F Direct
Common Shares Disposition 2020-06-01 45,551 $0.97 10,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares Stock Option (Right to Buy) Disposition 2020-06-01 100,000 $0.00 100,000 $0.53
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-06-17 No 4 M Direct
Footnotes
  1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.95 to $1.00, inclusive. The Reporting Person undertakes to provide to Rare Element Resources Ltd. ("Rare Element"), any security holder of Rare Element, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote 1 to this Form 4.
  2. The option vested and became exercisable as follows: 20,000 on 10/17/2015, 20,000 on 2/17/2016, 20,000 on 6/17/2016, 20,000 on 9/17/2016 and 20,000 on 12/17/2016.