WITS BASIN PRECIOUS MINERALS INC 4

4 · WITS BASIN PRECIOUS MINERALS INC · Filed Jun 2, 2008

Form 4

Period: 2007-03-12

Director

Transactions

Award
Stock Option
2008-05-29+2,000,000→ 2,000,000 total
Exercise: $0.20Exp: 2018-05-29→ Common Stock (2,000,000 underlying)
Gift
Stock Option
2008-05-29−2,000,000→ 0 total
Exercise: $0.20Exp: 2018-05-29→ Common Stock (2,000,000 underlying)
Gift
Stock Option
2007-03-12−3,000,000→ 0 total
Exercise: $1.02Exp: 2017-03-09→ Common Stock (3,000,000 underlying)

Holdings

Stock Option
(indirect: By Spouse)
Exercise: $1.02Exp: 2017-03-09→ Common Stock (3,000,000 underlying)
3,000,000
Common Stock
0
Director Stock Option
(indirect: By Spouse)
Exercise: $0.40Exp: 2014-07-08→ Common Stock (250,000 underlying)
250,000
Director Stock Option
(indirect: By Spouse)
Exercise: $0.15Exp: 2015-10-20→ Common Stock, $.01 par value (20,000 underlying)
200,000
Warrants to purchase Common Stock
(indirect: By Spouse)
Exercise: $0.15Exp: 2008-10-13→ Common Stock, $.01 par value (1,000,000 underlying)
1,000,000

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

1 file