Pershing Gold Corp. 4
4 · Pershing Gold Corp. · Filed Feb 14, 2014
Insider Transaction Report
Form 4
STRUHSACKER DEBRA W
Corporate Vice President
Transactions
- Award
Common Stock
2014-02-12+750,000→ 841,182 total - Tax Payment
Common Stock
2014-02-12$0.37/sh−81,625$30,201→ 759,557 total
Footnotes (4)
- [F1]The restricted stock reported in Table I was previously reported on Form 4 and is not a new grant of securities of the issuer. The 750,000 shares represent a grant of restricted stock under the Issuer's 2013 Equity Incentive Plan made to the reporting person on February 12, 2013. The vesting schedule is as follows: 250,000 shares on February 12, 2014, 250,000 shares on February 12, 2015, and 250,000 shares on February 12, 2016, subject to acceleration or forfeiture in certain circumstances.
- [F2]Represents the shares surrendered at the option of the reporting person to satisfy tax withholding liabilities in connection with the vesting of 250,000 shares of restricted common stock on February 12, 2014.
- [F3]The closing price of the Issuer's common stock on the OTC Markets' OTCQB on February 12, 2014, the vesting date of the 250,000 shares of restricted common stock.
- [F4]Includes 566,660 shares of restricted stock granted pursuant to the Issuer's equity incentive plans that has not vested.