Applied Minerals, Inc. 4/A
4/A · Applied Minerals, Inc. · Filed Mar 16, 2016
Insider Transaction Report
Form 4/AAmended
ALI ZAMANI
Director
Transactions
- Award
COMMON STOCK OPTION (RIGHT TO BUY)
2016-01-19$0.30/sh+81,522$24,457→ 254,621 totalExercise: $0.30From: 2017-01-19Exp: 2021-01-18→ COMMON STOCK (81,522 underlying)
Footnotes (2)
- [F1]On January 19, 2016, Mr. Zamani was granted an option to purchase 81,522 shares of common stock of Applied Minerals, Inc. This grant is a component of the compensation Mr. Zamani will receive for serving as a Director of the Company for the 2016 calendar year. The exercise price of the option is $0.30 per share. The term is 5 years. 50% of the option vests on the first anniversary date of the grant and the remaining 50% vests on the second anniversary date of the grant.
- [F2]This filing amends Mr. Zamani's Form 4 filed on January 20, 2016. This amended filing corrects the number of derivative securities beneficially owned following the reported transaction (box 9).