Applied Minerals, Inc. 4
4 · Applied Minerals, Inc. · Filed Mar 31, 2016
Insider Transaction Report
Form 4
ALI ZAMANI
Director
Transactions
- Award
COMMON STOCK OPTION (RIGHT TO BUY)
2016-01-01+50,000→ 304,621 totalExercise: $0.28From: 2016-03-31Exp: 2026-01-01→ COMMON STOCK (50,000 underlying)
Footnotes (1)
- [F1]On January 1, 2016, Mr. Zamani was granted an option to purchase 50,000 shares of common stock of the Company at $0.28 per share. The term of the option is 10 years. The option vests equally on March 31, June 30, September 30 and December 31, 2016. The option is an annual grant provided to directors of the Company. The reporting of this grant is late due to an administrative error.