Sharp Ted Riley 4
4 · U.S. GOLD CORP. · Filed Dec 3, 2019
Insider Transaction Report
Form 4
U.S. GOLD CORP.USAU
Sharp Ted Riley
Chief Financial Officer
Transactions
- Award
Common Stock
2019-11-27+22,767→ 22,767 total - Award
Option
2019-11-27+50,000→ 0 totalExercise: $0.81Exp: 2029-11-27→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Represents restricted stock awarded to the reporting person on November 27, 2019 pursuant to the U.S. Gold Corp. 2020 Stock Incentive Plan (the "Plan"). Such shares vested immediately upon grant.
- [F2]Represents an option award under the Plan (the "Option Award"), of which 1/24th of the total (rounded down for any fractional shares) shall vest on each of the first 23 monthly anniversaries of the date of grant, provided the reporting person is providing services to the issuer or an affiliate of the issuer on the applicable vesting date, and the remaining portion of the unvested Option Award shall vest on the second anniversary of the date of grant, provided the reporting person is providing services to the issuer or an affiliate of the issuer on that date.
- [F3]The Option Award is compensation for the reporting person's service as an officer of the issuer.