SAXTON PAMELA L 4
4 · Pershing Gold Corp. · Filed Nov 1, 2017
Insider Transaction Report
Form 4
SAXTON PAMELA L
Director
Transactions
- Award
Restricted Stock Units
2017-10-30+8,621→ 8,621 totalExercise: $0.00→ Common Stock (8,621 underlying)
Footnotes (2)
- [F1]The restricted stock units were granted pursuant to a Restricted Stock Unit Grant Agreement (the "Agreement") dated October 30, 2017.
- [F2]Pursuant to the agreement, 2,873 units vest on October 30, 2018, 2,874 units vest on October 30, 2019, and 2,874 units vest on October 30, 2020, subject to acceleration upon the Reporting Person's termination of service on the Issuer's board of directors under certain circumstances set forth in the Agreement or upon a change of control (as defined in the Issuer's 2013 Equity Incentive Plan) of the Issuer. For each vested restricted stock unit, the Reporting Person will be entitled to receive one share of common stock upon termination of service on the Issuer's board of directors or in connection with a change of control or under certain other circumstances, all as set forth in the Agreement.