WESTMOUNTAIN GOLD, INC. 4
4 · WESTMOUNTAIN GOLD, INC. · Filed Nov 6, 2015
Insider Transaction Report
Form 4
Transactions
- Other
Options to purchase Common Stock
2015-07-06−1,000,000→ 0 totalExercise: $0.50Exp: 2021-09-08→ Common Stock (1,000,000 underlying) - Other
Options to purchase Common Stock
2015-07-06+1,000,000→ 1,000,000 totalExercise: $0.12Exp: 2021-09-08→ Common Stock (1,000,000 underlying) - Purchase
Common Stock
2015-10-30$0.10/sh+50,000$5,000→ 100,313 total
Footnotes (3)
- [F1]On July 6, 2015, the Company's Board of Directors approved a modification with the Reporting Person's option package. 1,000,000 options with an exercise price of $0.50 were cancelled and 1,000,000 options with an exercise price of $0.12 were reissued in its place.
- [F2]250,000 options vest immediately and 250,000 options vest each subsequent year on 09-08-2015, 09-08-2016 and 09-08-2017.
- [F3]500,000 options vest immediately and 250,000 options vest each subsequent year on 09-08-2015 and 09-08-2016.