Honig Barry C 4
4 · Pershing Gold Corp. · Filed Apr 12, 2019
Insider Transaction Report
Form 4
Honig Barry C
Director
Transactions
- Disposition to Issuer
Series E Convertible Preferred Stock
2019-04-03−731,892→ 0 total(indirect: See Footnote)→ Common Stock (731,892 underlying) - Disposition to Issuer
Common Stock
2019-04-03−3,277,967→ 0 total - Disposition to Issuer
Warrants
2019-04-03−396,039→ 0 total(indirect: See Footnote)From: 2017-12-19Exp: 2019-12-19→ Common Stock (396,039 underlying) - Disposition to Issuer
Common Stock
2019-04-03−130,892→ 0 total(indirect: See Footnote) - Disposition to Issuer
Common Stock
2019-04-03−1,767,575→ 0 total(indirect: See Footnote) - Disposition to Issuer
Common Stock
2019-04-03−89,147→ 0 total(indirect: See Footnote) - Disposition to Issuer
Options
2019-04-03−666,667→ 0 totalFrom: 2012-04-06Exp: 2022-04-06→ Common Stock (666,667 underlying) - Disposition to Issuer
Common Stock
2019-04-03−5,269,167→ 0 total(indirect: See Footnote) - Disposition to Issuer
Series E Convertible Preferred Stock
2019-04-03−1,495,606→ 0 total(indirect: See Footnote)→ Common Stock (1,495,606 underlying) - Disposition to Issuer
Series E Convertible Preferred Stock
2019-04-03−301,950→ 0 total→ Common Stock (301,950 underlying) - Disposition to Issuer
Series E Convertible Preferred Stock
2019-04-03−205,425→ 0 total(indirect: See Footnote)→ Common Stock (205,425 underlying) - Disposition to Issuer
Options
2019-04-03−22,223→ 0 totalFrom: 2010-09-29Exp: 2020-09-29→ Common Stock (22,223 underlying) - Disposition to Issuer
Options
2019-04-03−55,556→ 0 totalFrom: 2012-06-18Exp: 2022-06-18→ Common Stock (55,556 underlying)
Footnotes (10)
- [F1]This transaction reflects the disposition of the securities of the Issuer held by the reporting person pursuant to the Agreement and Plan of Merger dated September 28, 2018, as amended on March 1, 2019 (the "Merger Agreement"), by and among the Issuer, Americas Silver Corporation ("Americas Silver") and R Merger Sub, Inc. The parties completed the merger (the "Merger") on April 3, 2019 (the "Closing Date"). On the Closing Date, each share of Common Stock was canceled and extinguished and automatically converted into the right to receive 0.715 common shares of Americas Silver at a market value of $1.53 per share as of the Closing Date.
- [F10]This transaction reflects the disposition of securities in connection with the Merger whereby each outstanding stock option to purchase Common Stock was terminated.
- [F2]The securities reported on this line are held by GRQ Consultants, Inc. 401K of which Barry Honig ("Mr. Honig") is Trustee and in such capacity is deemed to hold voting and dispositive power over the securities held by GRQ Consultants, Inc. 401K.
- [F3]The securities reported on this line represent 2,845,890 shares of Common Stock held by Mr. Honig, individually, and 432,077 shares of Common Stock held by Mr. Honig and his spouse, Renee Honig, as tenants by the entirety.
- [F4]The securities reported on this line are held by GRQ Consultants, Inc. of which Mr. Honig is President and in such capacity is deemed to hold voting and dispositive power over the securities held by GRQ Consultants, Inc.
- [F5]The securities reported on this line are held by GRQ Consultants, Inc. Roth 401K FBO Barry Honig of which Mr. Honig is Trustee and in such capacity is deemed to hold voting and dispositive power over the securities held by GRQ Consultants, Inc. Roth 401K FBO Barry Honig.
- [F6]The securities reported on this line are held by GRQ Consultants, Inc. Defined Benefit Plan of which Mr. Honig is President and in such capacity is deemed to hold voting and dispositive power over the securities held by GRQ Consultants, Inc. Defined Benefit
- [F7]Such Series E Preferred Stock may be converted at any time and from time to time and has no expiration date.
- [F8]This transaction reflects the disposition of securities in connection with the Merger whereby the Series E Convertible Preferred Stock held by the reporting person was exchanged at a ratio of 461.440 preferred shares of Americas Silver for each share of Series E Preferred Stock.
- [F9]This transaction reflects the disposition of securities in connection with the Merger whereby each outstanding warrant to purchase Common Stock was terminated.