LEVY JOHN F 4
4 · Applied Minerals, Inc. · Filed Jun 14, 2018
Insider Transaction Report
Form 4
LEVY JOHN F
Director
Transactions
- Purchase
Common Stock
2018-06-14$0.08/sh+125,000$10,000→ 927,031 total - Purchase
Common Stock Warrant
2018-06-14+125,000→ 1,733,670 totalExercise: $0.15From: 2018-06-13Exp: 2021-06-12→ Common Stock (125,000 underlying)
Footnotes (1)
- [F1]Applied Minerals, Inc. (the "Company") sold to Mr. Levy 125,000 shares of common stock at $0.08 per share. The purchase also included an issuance to Mr. Levy of 125,000 warrants to purchase shares of common stock. Each warrant allows Mr. Levy to purchase one share of common stock for $0.15. The term of each warrant is three years. The Company has the right to purchase each outstanding warrant for a price of $0.01 when the VWAP of the Company's common stock, calculated over twenty (20) consecutive trading days, is equal to or greater than $0.30 per share.