4//SEC Filing
Applied Minerals, Inc. 4
Accession 0001437749-15-002877
CIK 0000008328operating
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 5:30 PM ET
Size
7.7 KB
Accession
0001437749-15-002877
Insider Transaction Report
Form 4
ALI ZAMANI
Director
Transactions
- Award
COMMON STOCK
2015-02-12$0.66/sh+50,000$33,000→ 121,444 total - Award
COMMON STOCK OPTION (RIGHT TO BUY)
2015-02-12$0.66/sh+50,000$33,000→ 100,000 totalExercise: $0.66From: 2015-03-31Exp: 2025-02-11→ COMMON STOCK (50,000 underlying)
Footnotes (2)
- [F1]50% of Shares will vest one yr after the Date of Grant and 50% will vest two yrs after the Date of Grant;provided that the shares will vest earlier upon death,Disability(as defined in the 2012 Long Term Incentive Plan),resignation from the Board of Directors for health reasons,failure to be included in the list of nominees of the Board of Directors for election at the next annual meeting of shareholders at a time when such person is willing to be a bonafide nominee(the lapse of restrictions occurring at such time the Board makes such determination),failure to be reelected as a director at an annual meeting of shareholders if he was a nominee of the Board of Directors,or Change in Control.In the event of the termination of the Grantee's service as a director of the Company for any reason prior vesting of all of the Restricted Stock,such portion of the restricted stock held by the grantee that has not vested shall be automatically forfeited by the grantee as of the date of termination
- [F2]On February 12, 2015 Mr. Zamani was granted options to purchase 50,000 shares of common stock. 25% vest on a quarterly basis beginning March 31, 2015 and ending December 31, 2015. The option grant in this filing was approved by Applied Minerals, Inc. Board of Directors.
Documents
Issuer
Applied Minerals, Inc.
CIK 0000008328
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000008328
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 5:30 PM ET
- Size
- 7.7 KB