JANKE TIMOTHY MARK 4
4 · U.S. GOLD CORP. · Filed Sep 21, 2020
Insider Transaction Report
Form 4
U.S. GOLD CORP.USAU
JANKE TIMOTHY MARK
Director
Transactions
- Award
Common Stock
2020-09-17+2,500→ 15,373 total - Award
Stock Option (Right to Buy)
2020-09-17+5,000→ 5,000 totalExercise: $14.70Exp: 2022-12-22→ Common Stock (5,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2020-09-17−5,000→ 0 totalExercise: $14.70Exp: 2022-12-22→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Represents restricted shares of common stock awarded to the reporting person on September 17, 2020 pursuant to the U.S. Gold Corp. 2020 Stock Incentive Plan. Such shares vested immediately upon grant.
- [F2]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 vested 100% on December 22, 2018. The post-termination exercise period was extended to December 22, 2022.
- [F3]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 effected on March 19, 2020.