Matlack William Fuller Form 3 KLONDEX MINES / William Fuller Matlack ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Matlack William Fuller

(Last) (First) (Middle)

C/O KLONDEX MINES LTD.

6110 PLUMAS ST. SUITE A

(Street)

RENO NV 89519

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2017

3. Issuer Name and Ticker or Trading Symbol
KLONDEX MINES LTD [ KLDX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	1,403,088	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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: 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
Options	08/24/2015(1)	07/24/2020	Common Shares	80,000	2.28(2)	D
Options	07/21/2014(3)	07/22/2019	Common Shares	117,000	1.9(4)	D
Deferred Share Units	(5)	(5)	Common Shares	22,523	0.0(5)	D

Explanation of Responses:

1. Granted on 7/24/2015 and vest(ed) 1/3 on each 8/23/2015, 7/24/2016, and 7/24/2017.

2. Grant price of Cdn$2.98, adjusted using Bank of Canada noon exchange rate on date of grant.

3. Granted on 7/21/2014 and vested 1/3 on each 7/21/2014, 7/21/2015, and 7/21/2016.

4. Grant price of Cdn$2.04, adjusted using Bank of Canada noon exchange rate on date of grant.

5. Each DSU is the economic equivalent of one share of the Corporation's common stock. The DSUs will be settled only in cash, less applicable taxes, following a separation of service or termination of the reporting person's services as a director of Klondex Mines Ltd.

Remarks:

	/s/Jeff Stieber as attorney-in-fact for William Matlack	12/29/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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