4//SEC Filing
RECTOR DAVID 4
Accession 0001493152-20-018042
CIK 0000027093other
Filed
Sep 17, 8:00 PM ET
Accepted
Sep 18, 8:35 PM ET
Size
8.2 KB
Accession
0001493152-20-018042
Insider Transaction Report
Form 4
U.S. GOLD CORP.USAU
RECTOR DAVID
COO U.S. Gold Corp.
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2020-09-16−25,000→ 0 totalExercise: $14.70Exp: 2022-12-22→ Common Stock (25,000 underlying) - Award
Stock Option (Right to Buy)
2020-09-16+25,000→ 25,000 totalExercise: $14.70Exp: 2022-12-22→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on December 22, 2017 and provided for one-quarter vesting on December 22, 2017 and the remaining three-quarters to vest in equal yearly installments over a three-year period. Vesting was accelerated for 6,250 options that otherwise would not vest due to the reporting person's termination of employment with the Issuer prior to the vesting date. The post-termination exercise period was extended to December 22, 2022.
- [F2]The securities and exercise prices shown have been adjusted from the time of grant to reflect the Issuer's 1-for-10 reverse stock split on March 17, 2020.
Documents
Issuer
U.S. GOLD CORP.
CIK 0000027093
Entity typeother
Related Parties
1- filerCIK 0001167113
Filing Metadata
- Form type
- 4
- Filed
- Sep 17, 8:00 PM ET
- Accepted
- Sep 18, 8:35 PM ET
- Size
- 8.2 KB