Zinke Ryan K 4
4 · U.S. GOLD CORP. · Filed Dec 30, 2022
Insider Transaction Report
Form 4
U.S. GOLD CORP.USAU
Zinke Ryan K
Director
Transactions
- Sale
Common Stock
2022-12-29−30,595→ 0 total - Sale
Warrant
2022-12-29−770→ 0 totalExercise: $8.00From: 2022-02-16Exp: 2027-02-16→ Common Stock (770 underlying)
Footnotes (2)
- [F1]Of this amount, 7,927 consisted of common shares issued upon the conversion of restricted stock units granted to the reporting person pursuant to the U.S. Gold Corp. (the "Issuer") 2020 Stock Incentive Plan. The restricted stock units vested immediately on the date of grant. For each restricted stock unit, the reporting person was entitled to receive one share of common stock upon termination of service on the Issuer's Board of Directors or in connection with a change of control, as set forth in the reporting person's restricted stock unit award agreement. On December 20, 2022, the Compensation Committee of the Issuer's Board of Directors approved that the conversion of the restricted stock units be accelerated, effective immediately.
- [F2]The 30,595 common shares and 770 warrants held by the reporting person were sold in a private sale for an aggregate purchase price of $93,315.