General Moly, Inc 4
4 · General Moly, Inc · Filed Jan 17, 2017
Insider Transaction Report
Form 4
Shumway Lee
Controller & Treasurer
Transactions
- Exercise/Conversion
Common Stock
2017-01-16+80,000→ 582,323 total - Exercise/Conversion
Restricted stock units
2017-01-16−80,000→ 0 total→ Common Stock (80,000 underlying)
Footnotes (3)
- [F1]Represents acquisition of common stock upon vesting of restricted stock units.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F3]The restricted stock units vest on the earliest to occur of (i) a financing plan for the Mt. Hope Project approved by the issuer's board of directors; (ii) a Change of Control (as defined in the reporting person's employment agreement with the issuer); (iii) involuntary termination (absent cause); or (iv) January 16, 2017. Vested shares will be delivered to the reporting person within sixty (60) days, except as otherwise required by Section 409A of the Internal Revenue Code of 1986, as amended.