Highsmith R. Patrick 4
4 · Timberline Resources Corp · Filed Oct 22, 2020
Insider Transaction Report
Form 4
Highsmith R. Patrick
DirectorPresident CEO
Transactions
- Award
Stock Option (Right to Buy)
2020-10-08+750,000→ 750,000 totalExercise: $0.27Exp: 2025-10-08→ Common Shares (750,000 underlying)
Footnotes (2)
- [F1]The Resolution was not approved by the Board until 10/16 and officially in place 10/22/2020.
- [F2]Per Option grant, 187,500 option shares will vest on October 8, 2020. The balance of the Option shares will vest ratably at 25% on each of the next 3 subsequent anniversaries.