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ITEM
12: SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
RELATED STOCKHOLDER MATTERS
Security Ownership of Certain Beneficial Owners
The following table sets forth certain information regarding beneficial ownership, control or direction,
directly or indirectly, of the Company’s common shares, as of March 19, 2016 (i) each of the Company’s named
executive officers and directors and (ii) the Company’s named executive officers and directors as a group.
Name and Position
(1)
Common Shares
Beneficially
Owned
(2)
Percentage
of Class
(3)
Randall J. Scott –
Chief Executive Officer and President, Director
Littleton, CO, USA
454,000
(4)
0.85%
M. Norman Anderson –
Director
Vancouver, BC, Canada
289,971
(5)
0.55%
Norman W. Burmeister –
Director
Dubois, WY, USA
526,855
(6)
0.99%
Paul J. Schlauch –
Director
Greenwood Village, CO, USA
205,000
(7)
0.39%
Lowell A. Shonk
– Director and Chairman
Paradise Valley, Arizona, USA
155,000
(8)
0.29%
F. Steven Mooney –
Director
Denver, CO, USA
205,000
(9)
0.39%
Gerald W. Grandey –
Director
Saskatoon, SK, Canada
125,000
(10)
0.24%
Paul H. Zink –
Senior Vice President and Chief Financial Officer
Centennial, CO, USA
165,000
(11)
0.31%
Jaye T. Pickarts –
Chief Operating Officer
Littleton, CO, USA
595,253
(12)
1.11%
All named executive officers and directors as a group
2,721,079
4.95%
(1)
Mailing address for all directors and executive officers is c/o Rare Element Resources, Ltd., 225 Union Boulevard,
Suite 250, Lakewood, CO 80228.
(2)
Includes common shares held as of March 19, 2016, plus common shares which may be acquired pursuant to the
exercise of stock options exercisable within 60 days after March 19, 2016.
(3)
In accordance with Rule 13d-3(d)(1) under the Exchange Act, the applicable percentage of ownership for each
person is based on 52,941,880 common shares outstanding as of March 19, 2016.
(4)
Includes 14,000 common shares and 440,000 common shares subject to options held by Mr. Scott personally.
(5)
Includes 129,971 common shares and 160,000 common shares subject to options held by Mr. Anderson personally.
(6)
Includes 366,855 common shares and 160,000 common shares subject to options held by Mr. Burmeister personally.
(7)
Includes 10,000 common shares and 195,000 common shares subject to options held by Mr. Schlauch personally.
(8)
Includes 30,000 common shares and 125,000 common shares subject to options held by Mr. Shonk personally.
(9)
Includes 80,000 common shares and 125,000 common shares subject to options held by Mr. Mooney personally.
(10)
Includes 125,000 common shares subject to options held by Mr. Grandey personally.
(11)
Includes 25,000 common shares and 140,000 common shares subject to options held by Mr. Zink personally.
(12)
Includes 5,253 common shares and 588,000 common shares subject to options held by Mr. Pickarts personally.
Another 2,000 common shares are held by his spouse.