ALI ZAMANI 4
4 · Applied Minerals, Inc. · Filed Jun 25, 2018
Insider Transaction Report
Form 4
ALI ZAMANI
Director
Transactions
- Purchase
Common Stock Warrant
2018-06-19+312,500→ 1,129,621 totalExercise: $0.15From: 2018-06-19Exp: 2021-06-18→ Common Stock (312,500 underlying) - Purchase
Common Stock
2018-06-19$0.08/sh+312,500$25,000→ 866,384 total
Footnotes (1)
- [F1]Applied Minerals, Inc. (the "Company") sold to Overlook Investment LLC ("Overlook"), of which Mr. Zamani is majority owner, 312,500 shares of common stock at $0.08 per share. The purchase also included an issuance to Overlook of 312,500 warrants to purchase shares of common stock. Each warrant allows Overlook to purchase one share of common stock for $0.15. The term of each warrant is three years.