REG - Wheaton Precious Met - Director/PDMR Shareholding
18 March, 2021 TSX: WPM
Vancouver, British Columbia NYSE: WPM
LSE: WPM
DIRECTOR/PDMR SHAREHOLDING
Wheaton Precious Metals Corp. ("Wheaton") has issued and allotted 57,495 common shares of no par value pursuant to the exercise by eligible employees of vested long-term incentive plan grants (together, the "Shares"). All of the Shares are quoted on the Toronto Stock Exchange and the New York Stock Exchange and, in London, an application for admission of these Shares to the Official List (Standard Segment) of the Financial Conduct Authority and to trading on the Main Market of the London Stock Exchange will be made as soon as possible with a further announcement to be made in due course once the application is submitted.
The Company further announces that it has granted 96,680 restricted share units ("RSU") pursuant to its Restricted Share Plan, 134,180 performance share units ("PSU") pursuant to its Performance Share Unit Plan and 317,560 stock options. The RSUs have been granted with restricted periods that will expire as to one-third on each of the 1st, 2nd and 3rd anniversary of the grant date. The PSUs have been granted with a performance period from March 16, 2021 to March 16, 2024. The stock options have been granted with a seven-year term and a vesting schedule of one-third on each of the 1st, 2nd, and 3rd anniversary of the grant date.
Certain of the Company's persons discharging managerial responsibilities have participated in the grants and/or exercised certain vested long-term incentive plan grants. The following notifications, which are being made in accordance with the requirements of the Market Abuse Regulation, provide further detail of the notifiable transactions.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Doug Holtby
2
Reason for the notification
a)
Position/status
PDMR - Director
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Wheaton Precious Metals Corp.
b)
LEI
549300XSFG5ZCGVYD886
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Restricted Share Units under the Restricted Share Unit Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
4,610
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common Shares of Wheaton Precious Metals Corp.
CA9628791027
b)
Nature of the transaction
1. Issuance of common shares following conversion of RSUs under Restricted Share Unit plan
2. Sale of common shares arising from conversion of RSUs
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Issuance of common shares following conversion of RSUs under Restricted Share Unit plan
C$33.47
3,285
Sale of common shares
C$49.1202
3,285
d)
Aggregated information
N/A - Single transaction
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Toronto Stock Exchange
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
George Brack
2
Reason for the notification
a)
Position/status
PDMR - Director
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Wheaton Precious Metals Corp.
b)
LEI
549300XSFG5ZCGVYD886
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Restricted Share Units under the Restricted Share Unit Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
2,810
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Issuance of common shares following conversion of RSUs under Restricted Share Unit plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Issuance of common shares following conversion of RSUs under Restricted Share Unit plan
C$33.47
2,015
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Toronto Stock Exchange
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
John Brough - Director
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Wheaton Precious Metals Corp.
b)
LEI
549300XSFG5ZCGVYD886
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Restricted Share Units under the Restricted Share Unit Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
2,810
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Peter Gillin - Director
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Wheaton Precious Metals Corp.
b)
LEI
549300XSFG5ZCGVYD886
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Restricted Share Units under the Restricted Share Unit Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
2,810
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Chantal Gosselin
2
Reason for the notification
a)
Position/status
PDMR - Director
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Wheaton Precious Metals Corp.
b)
LEI
549300XSFG5ZCGVYD886
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Restricted Share Units under the Restricted Share Unit Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
2,810
d)
Aggregated information
N/A
e)
Date of transaction
16 March 2021
f)
Place of transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Glenn Ives
2
Reason for the notification
a)
Position/status
PDMR - Director
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Wheaton Precious Metals Corp.
b)
LEI
549300XSFG5ZCGVYD886
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Restricted Share Units under the Restricted Share Unit Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
2,810
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Charles Jeannes
2
Reason for the notification
a)
Position/status
PDMR - Director
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Wheaton Precious Metals Corp.
b)
LEI
549300XSFG5ZCGVYD886
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Restricted Share Units under the Restricted Share Unit Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
2,810
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Eduardo Luna
2
Reason for the notification
a)
Position/status
PDMR - Director
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Wheaton Precious Metals Corp.
b)
LEI
549300XSFG5ZCGVYD886
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Restricted Share Units under the Restricted Share Unit Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
2,810
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
1. Issuance of common shares following conversion of RSUs under Restricted Share Unit plan
2. Sale of common shares arising from conversion of RSUs
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Issuance of common shares following conversion of RSUs under Restricted Share Unit plan
C$33.47
2,015
Sale of common shares
C$49.1202
2,015
d)
Aggregated information
N/A - Single transaction
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Toronto Stock Exchange
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Marilyn Schonberner
2
Reason for the notification
a)
Position/status
PDMR - Director
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Wheaton Precious Metals Corp.
b)
LEI
549300XSFG5ZCGVYD886
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Restricted Share Units under the Restricted Share Unit Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
2,810
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Issuance of common shares following conversion of RSUs under Restricted Share Unit plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$33.47
2,015
d)
Aggregated information
N/A - Single transaction
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Toronto Stock Exchange
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Randy Smallwood
2
Reason for the notification
a)
Position/status
PDMR - Chief Executive Officer
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Wheaton Precious Metals Corp.
b)
LEI
549300XSFG5ZCGVYD886
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Restricted Share Units under the Restricted Share Unit Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
13,560
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
1. Issuance of common shares following conversion of RSUs under Restricted Share Unit plan
2. Sale of common shares arising from conversion of RSUs
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Issuance of common shares following conversion of RSUs under Restricted Share Unit plan
C$33.47
9,905
Sale of common shares
C$49.1202
9,905
d)
Aggregated information
N/A - Single transaction
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Toronto Stock Exchange
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Performance Share Units under the Performance Share Unit Plan which is settled in cash only not common shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
27,120
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Stock Options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
63,130
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Gary Brown
2
Reason for the notification
a)
Position/status
PDMR - Chief Financial Officer
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Wheaton Precious Metals Corp.
b)
LEI
549300XSFG5ZCGVYD886
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Restricted Share Units under the Restricted Share Unit Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
5,570
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
1. Issuance of common shares following conversion of RSUs under Restricted Share Unit plan
2. Sale of common shares arising from conversion of RSUs
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Issuance of common shares following conversion of RSUs under Restricted Share Unit plan
C$33.47
4,075
Sale of common shares
C$49.1202
4,075
d)
Aggregated information
N/A - Single transaction
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Toronto Stock Exchange
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Performance Share Units under the Performance Share Unit Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
11,150
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Common shares with no par value.
CA9628791027
b)
Nature of the transaction
Grant of Stock Options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
C$49.86
25,940
d)
Aggregated information
N/A
e)
Date of transaction
March 16, 2021
f)
Place of transaction
Outside a trading venue
For further information, please contact:
Patrick Drouin or Emma Murray
Wheaton Precious Metals Corp.
Tel: 1-844-288-9878
Email: info@wheatonpm.com
Website: www.wheatonpm.com
UK PUBLIC RELATIONS
Tavistock +44 (0) 207 920 3150 / +44 778 597 4264
Jos Simson wheaton@tavistock.co.uk
Gareth Tredway
Annabel de Morgan
UK CORPORATE BROKERS
Berenberg +44 (0) 203 207 7800
Matthew Armitt
Jennifer Wyllie
Detlir Elezi
Peel Hunt +44 (0) 207 418 8900
Ross Allister
Alexander Allen
David McKeown
Wheaton Precious Metals Corp. LEI: 549300XSFG5ZCGVYD886
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