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TIDMWPM

RNS Number : 2589F

Wheaton Precious Metals Corp.

18 March 2022

18 March, 2022

TSX: WPM

NYSE: WPM

LSE: WPM

DIRECTOR/PDMR SHAREHOLDING &

GRANT OF LONG-TERM COMPENSATION TO EMPLOYEES

Wheaton Precious Metals Corp. ("Wheaton") makes the following announcement regarding its persons discharging managerial responsibilities. The Company has issued 45,675 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.

Further to the announcement dated 17 March, in addition to the awards granted to PDMRs, Wheaton has granted 47,380 restricted share units ("RSU") pursuant to its Restricted Share Plan, 90,420 performance share units ("PSU") pursuant to its Performance Share Unit Plan and 199,350 stock options to employees who are not PDMRs. 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 15, 2022 to March 14, 2025. 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.

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                               Gary Brown 
     =================================  ==================================== 
 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       Common shares with no par value. 
       instrument, type of instrument 
 
       Identification code                CA9628791027 
     =================================  ==================================== 
 b)   Nature of the transaction          Issuance of common shares following 
                                          the exercise of stock options 
     =================================  ==================================== 
 c)   Price(s) and volume(s)               Price(s)    Volume(s) 
                                            C$27.51     22,150 
                                                       ---------- 
     =================================  ==================================== 
 d)   Aggregated information             N/A - Single transaction 
     =================================  ==================================== 
 e)   Date of transaction                March 17, 2022 
     =================================  ==================================== 
 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       Common shares with no par value. 
       instrument, type of instrument 
 
       Identification code                CA9628791027 
     =================================  ==================================== 
 b)   Nature of the transaction          Sale of common shares following the 
                                          exercise of stock options 
     =================================  ==================================== 
 c)   Price(s) and volume(s)               Price(s)     Volume(s) 
                                            C$61.2591    22,150 
                                                        ---------- 
     =================================  ==================================== 
 d)   Aggregated information             N/A 
     =================================  ==================================== 
 e)   Date of transaction                March 17, 2022 
     =================================  ==================================== 
 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       Common shares with no par value. 
       instrument, type of instrument 
 
       Identification code                CA9628791027 
     =================================  ==================================== 
 b)   Nature of the transaction          Issuance of common shares following 
                                          the exercise of stock options 
     =================================  ==================================== 
 c)   Price(s) and volume(s)               Price(s)    Volume(s) 
                                            C$26.24     23,525 
                                                       ---------- 
     =================================  ==================================== 
 d)   Aggregated information             N/A 
     =================================  ==================================== 
 e)   Date of transaction                March 17, 2022 
     =================================  ==================================== 
 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       Common shares with no par value. 
       instrument, type of instrument 
 
       Identification code                CA9628791027 
     =================================  ==================================== 
 b)   Nature of the transaction          Sale of common shares following the 
                                          exercise of stock options 
     =================================  ==================================== 
 c)   Price(s) and volume(s)               Price(s)     Volume(s) 
                                            C$61.2591    23,525 
                                                        ---------- 
     =================================  ==================================== 
 d)   Aggregated information             N/A 
     =================================  ==================================== 
 e)   Date of transaction                March 17, 2022 
     =================================  ==================================== 
 f)   Place of transaction               Toronto Stock Exchange 
---  ---------------------------------  ------------------------------------ 
 

For further information, please contact:

Patrick Drouin

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

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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March 18, 2022 03:01 ET (07:01 GMT)