4//SEC Filing
Brechtel Carl 4
Accession 0001104659-22-005404
CIK 0001507964other
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 3:59 PM ET
Size
18.7 KB
Accession
0001104659-22-005404
Insider Transaction Report
Form 4
Brechtel Carl
Chief Operating Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2022-01-18−100,000→ 0 totalExercise: $1.64Exp: 2024-06-13→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2022-01-18−50,000→ 0 totalExercise: $2.41Exp: 2026-01-15→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2022-01-18−100,000→ 0 totalExercise: $1.57Exp: 2025-02-03→ Common Stock (100,000 underlying) - Disposition to Issuer
Common Shares
2022-01-18−366,100→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2022-01-18−300,000→ 0 totalExercise: $1.56Exp: 2023-11-19→ Common Stock (300,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2022-01-18−100,000→ 0 totalExercise: $0.62Exp: 2022-07-31→ Common Stock (100,000 underlying)
Footnotes (12)
- [F1]Disposed of pursuant to the Arrangement Agreement and Plan of Arrangement by and between the issuer (formerly known as Corvus Gold Inc.), 1323606 B.C. Unlimited Liability Company (the "Purchaser") and AngloGold Ashanti Holdings plc (the "Guarantor") dated September 13, 2021 (the "Arrangement"), which was consummated on January 18, 2022, and pursuant to which the Purchaser acquired all of the outstanding common shares of the issuer (other than those owned by the Purchaser and its affiliates) in exchange for cash consideration of C$4.10 per share.
- [F10]Options were granted on November 19, 2018 and vest as follows: one-third on November 19, 2019, one-third on November 19, 2020 and one-third on November 19, 2021.
- [F11]As previously reported, the exercise price was converted from C$0.77 based on the July 31, 2017 noon rate as quoted by the Bank of Canada to US$0.617. The exercise price is the actual Canadian dollar amount regardless of the exchange rate on the date of exercise.
- [F12]Options were granted on July 31, 2017 and vest as follows: one-third on July 31, 2018, one-third on July 31, 2019 and one-third on July 31, 2020.
- [F2]As previously reported, exercise price reported above was converted from the Canadian exercise price of C$3.05 using an exchange rate of C$1.2654 = US$1.00.
- [F3]Options were granted on January 15, 2021, and vest as follows: One-third on January 15, 2022; one-third on January 15, 2023; and one-third on January 15, 2024.
- [F4]In connection with the Arrangement, all outstanding options to purchase common shares of the issuer as of immediately prior to the effective time of the Arrangement, were deemed unconditionally vested and exercisable, and subsequently cancelled in exchange for cash payment equal to the difference between the per share consideration of C$4.10 and the per share exercise price of such option multiplied by the number of common shares issuable pursuant to such option, less applicable withholdings.
- [F5]As previously reported, the exercise price reported above was converted from the Canadian exercise price of C$2.09 using an exchange rate of C$1.3275=US$1.00.
- [F6]Options were granted on February 3, 2020 and vest as follows: one-third on February 3, 2021, one-third on February 3, 2022 and one-third on February 3, 2023.
- [F7]As previously reported, the exercise price reported above was converted from the Canadian exercise price of C$2.18 using an exchange rate of C$1.3324=US$1.00.
- [F8]Options were granted on June 13, 2019 and vest as follows: one-third on June 13, 2020, one-third on June 13, 2021 and one-third on June 13, 2022.
- [F9]As previously reported, the exercise price reported above was converted from the Canadian exercise price of C$2.06 using an exchange rate of C$1.3182=US$1.00.
Documents
Issuer
Corvus Gold ULC
CIK 0001507964
Entity typeother
Related Parties
1- filerCIK 0001613212
Filing Metadata
- Form type
- 4
- Filed
- Jan 18, 7:00 PM ET
- Accepted
- Jan 19, 3:59 PM ET
- Size
- 18.7 KB