1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Option (right to buy)
|
Â
(2)
|
12/06/2016 |
Common Shares
|
500,000
|
$
10.12
(3)
|
D
|
Â
|
Stock Option (right to buy)
|
Â
(4)
|
06/07/2017 |
Common Shares
|
500,000
|
$
6.17
(3)
|
D
|
Â
|
Stock Option (right to buy)
|
Â
(5)
|
12/04/2017 |
Common Shares
|
660,000
|
$
4.38
(3)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Includes 560,000 Performance Share Units, which are subject to performance criteria set by the board of directors of the Issuer. The underlying common shares will not be issued to the reporting person, and the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares, until the performance criteria has been met. |
(2) |
The options vest as follows: 1/3 immediately; 1/3 on 1/9/2013; 1/3 on 1/9/2014. |
(3) |
Expressed in Canadian dollars. |
(4) |
The options vest as follows: 166,000 on 6/8/2012; 167,000 on 6/8/2013; 167,000 on 6/8/2014. |
(5) |
The options vest as follows: 220,000 on 12/5/2012; 220,000 on 12/5/2013; 220,000 on 12/5/2014. |