MINES MANAGEMENT INC 4
4 · MINES MANAGEMENT INC · Filed Dec 16, 2014
Insider Transaction Report
Form 4
POGUE JERRY
Director
Transactions
- Award
Stock Options (Right to Buy)
2014-12-12+50,000→ 50,000 totalExercise: $0.54→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Vesting of the stock options is as follows: (i) 50% upon the issuance of the Notice of Availability for the Final Environmental Impact Statement by the U.S. Forest Service and the Montana Department of Environmental Quality in connection with the Montanore Project of Mines Management, Inc. (the "Company") and (ii) 50% upon the issuance of a Final Record of Decision by the U.S. Forest Service and the Montana Department of the Environmental Quality in connection with the Company's Montanore Project. The stock options were granted pursuant to a Company equity incentive plan.
- [F2]The expiration date of the stock options is the five year anniversary of the date on which the stock options vest.