Applied Minerals, Inc. 4
4 · Applied Minerals, Inc. · Filed May 18, 2016
Insider Transaction Report
Form 4
ALI ZAMANI
Director
Transactions
- Award
COMMON STOCK OPTION (RIGHT TO BUY)
2016-05-11+50,000→ 354,621 totalExercise: $0.25From: 2016-05-11Exp: 2021-05-11→ COMMON STOCK (50,000 underlying)
Footnotes (1)
- [F1]On May 11, 2016, Mr. Zamani was granted an option to purchase 50,000 shares of common stock of the Company at $0.25 per share. This grant represents 100% of the $12,500 fee payable to Mr. Zamani 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.