5//SEC Filing
Fronk Rudi 5
Accession 0001209191-20-046597
CIK 0001629210other
Filed
Aug 12, 8:00 PM ET
Accepted
Aug 13, 4:16 PM ET
Size
9.5 KB
Accession
0001209191-20-046597
Insider Transaction Report
Form 5
Fronk Rudi
Director
Transactions
- Purchase
Convertible Notes
2019-09-16$1000.00/sh+250$250,000→ 250 totalExercise: $1.00From: 2019-09-16Exp: 2023-09-30→ Common Stock (250,000 underlying) - Award
Common Stock
2020-01-02$0.74/sh+7,358$5,445→ 202,358 total - Award
Common Stock
2020-07-02$1.12/sh+8,370$9,374→ 210,728 total
Footnotes (2)
- [F1]Represents Interest Shares. See Footnote 2.
- [F2]Represents a $250,000 convertible note (the "Note") purchased by the Reporting Person from the Issuer pursuant to an aggregate $5.34 million convertible note offering by the Issuer. The Note is convertible into shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"),at the Reporting Person's option, in whole or in part, at any time after issuance. The conversion price of $1.00 per share of Common Stock will be subject to adjustment for stock dividends, stock splits, and other customary adjustment events.The maturity date of the Note is the earlier of (a) September 30, 2023 and (b) the date on which all amounts under the Agreement shall become due and payable. Interest on the Note is payable, at the option of the Issuer, in either cash or Common Stock ("Int Shares"). The amount of Int Shares payable is equal to 95% of the volume-weighted average price of the Common Stock for the twenty(20) trading days immediately preceding the applicable interest payment date.
Documents
Issuer
Paramount Gold Nevada Corp.
CIK 0001629210
Entity typeother
Related Parties
1- filerCIK 0001458901
Filing Metadata
- Form type
- 5
- Filed
- Aug 12, 8:00 PM ET
- Accepted
- Aug 13, 4:16 PM ET
- Size
- 9.5 KB