Applied Minerals, Inc. 4
4 · Applied Minerals, Inc. · Filed Mar 16, 2016
Insider Transaction Report
Form 4
Carney Christopher T
Interim CFO
Transactions
- Award
COMMON STOCK OPTION (RIGHT TO BUY)
2016-03-10$0.24/sh+248,344$59,603→ 2,851,859 totalExercise: $0.24From: 2016-03-10Exp: 2021-03-10→ COMMON STOCK (248,344 underlying)
Footnotes (1)
- [F1]On March 10, 2016, Mr. Carney was granted an option to purchase 248,344 shares of common stock of Applied Minerals, Inc. at $0.24 per share. The exercise price is the closing price of the Company's common stock on March 9, 2016. The option vests immediately and expires on March 10, 2021. This grant was a component of Mr. Carney's bonus for work performed during 2015 as determined by the Company's Board of Directors. The Black-Scholes value of the option grant is $37,500.