4//SEC Filing
WITS BASIN PRECIOUS MINERALS INC 4
Accession 0001179110-08-011060
CIK 0000912875operating
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 3:32 PM ET
Size
23.2 KB
Accession
0001179110-08-011060
Insider Transaction Report
Form 4
KING STEPHEN D
Director
Transactions
- Award
Stock Option
2008-05-29+2,000,000→ 2,000,000 totalExercise: $0.20Exp: 2018-05-29→ Common Stock (2,000,000 underlying) - Gift
Stock Option
2008-05-29−2,000,000→ 0 totalExercise: $0.20Exp: 2018-05-29→ Common Stock (2,000,000 underlying) - Gift
Stock Option
2007-03-12−3,000,000→ 0 totalExercise: $1.02Exp: 2017-03-09→ Common Stock (3,000,000 underlying)
Holdings
- 3,000,000(indirect: By Spouse)
Stock Option
Exercise: $1.02Exp: 2017-03-09→ Common Stock (3,000,000 underlying) - 0
Common Stock
- 250,000(indirect: By Spouse)
Director Stock Option
Exercise: $0.40Exp: 2014-07-08→ Common Stock (250,000 underlying) - 200,000(indirect: By Spouse)
Director Stock Option
Exercise: $0.15Exp: 2015-10-20→ Common Stock, $.01 par value (20,000 underlying) - 1,000,000(indirect: By Spouse)
Warrants to purchase Common Stock
Exercise: $0.15Exp: 2008-10-13→ Common Stock, $.01 par value (1,000,000 underlying)
Footnotes (4)
- [F1]Immediately exercisable.
- [F2]Pursuant to Rule 16b-3; granted under the 2007 Stock Incentive Plan.
- [F3]Option vests in equal increments of 500,000 shares each over six years, beginning on the anniversary date of the grant, subject to earlier vesting upon achievement of specified milestones.
- [F4]Option vests in increments of 666,667 on May 29, 2009, 666,667 on May 29, 2010 and 666,666 on May 29, 2011, subject to earlier vesting upon achievement of specified milestones.
Documents
Issuer
WITS BASIN PRECIOUS MINERALS INC
CIK 0000912875
Entity typeoperating
IncorporatedMN
Related Parties
1- filerCIK 0000912875
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 3:32 PM ET
- Size
- 23.2 KB