Applied Minerals, Inc. 4
4 · Applied Minerals, Inc. · Filed May 13, 2016
Insider Transaction Report
Form 4
BETZ ROBERT
Director
Transactions
- Award
COMMON STOCK OPTION (RIGHT TO BUY)
2016-05-11$0.25/sh+30,000$7,500→ 278,752 totalExercise: $0.25From: 2016-05-11Exp: 2021-05-11→ COMMON STOCK (30,000 underlying)
Footnotes (1)
- [F1]On May 11, 2016, Mr. Betz was granted an option to purchase 30,000 shares of common stock of the Company at $0.25 per share. This grant represents 50% of the $15,000 fee payable to Mr. Betz on April 1, 2016 for work to be performed as director of the Company for the three months ending June 30, 2016. This grant was issued from the Company's 2016 Long Term Incentive Plan, effective as of May 11, 2016.