MOORE JAMES HERBERT 4
4 · MINES MANAGEMENT INC · Filed Nov 10, 2010
Insider Transaction Report
Form 4
MOORE JAMES HERBERT
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2010-11-08$1.29/sh+100,000$129,000→ 138,144 total - Tax Payment
Common Stock
2010-11-08$3.50/sh−36,857$129,000→ 101,287 total - Exercise/Conversion
Employee Stock Options (Right to Buy)
2010-11-08−100,000→ 0 totalExercise: $1.29From: 2005-12-13Exp: 2010-12-12→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]Received 63,143 shares of common stock on net exercise of option to purchase 100,000 shares of common stock. The reporting person delivered 36,857 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on November 8, 2010 of $3.50.
- [F2]Includes 10,000 shares of common stock held in a family trust pursuant to which the reporting person shares voting and dispositive powers with his spouse.
- [F3]Excludes employee stock options to purchase 370,000 shares of common stock with expiration dates that differ from the options exercised on 11/08/2010.