4//SEC Filing
Pershing Gold Corp. 4
Accession 0001144204-15-039727
CIK 0001432196operating
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 4:26 PM ET
Size
8.9 KB
Accession
0001144204-15-039727
Insider Transaction Report
Form 4
Pershing Gold Corp.PGLCD
Alfers Stephen D.
DirectorCEO and President
Transactions
- Award
Restricted Stock Units
2015-06-28+400,000→ 400,000 totalExercise: $0.00→ Common Stock (400,000 underlying) - Award
Restricted Stock Units
2015-06-28+300,000→ 300,000 totalExercise: $0.00→ Common Stock (300,000 underlying)
Footnotes (3)
- [F1]The Reporting Person received the reported restricted stock units pursuant to a Restricted Stock Unit Grant Agreement dated June 28, 2015 (the "Agreement").
- [F2]Restricted stock units are subject to vesting upon the Reporting Person's continuous employment through December 31, 2018 and subject to acceleration of vesting upon the Reporting Person's termination of employment under certain circumstances set forth in the Agreement or upon a Change in Control (as defined in the Issuer's 2013 Equity Incentive Plan) of the Issuer. For each fully vested restricted stock unit, the Reporting Person will be entitled to receive one share of common stock upon vesting of such restricted stock units.
- [F3]Restricted stock units are subject to vesting upon the attainment of certain performance-based milestones set forth in the Agreement and subject to acceleration of vesting upon a Change in Control. For each fully vested restricted stock unit, the Reporting Person will be entitled to receive one share of common stock upon the earlier of December 31, 2018 or the Reporting Person's separation from service, death, or a certain change in control of the Issuer, all as set forth in the Agreement.
Documents
Issuer
Pershing Gold Corp.
CIK 0001432196
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001432196
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 4:26 PM ET
- Size
- 8.9 KB