4//SEC Filing
IRELAND INC. 4
Accession 0001534122-15-000058
CIK 0001166338operating
Filed
May 18, 8:00 PM ET
Accepted
May 19, 3:25 PM ET
Size
8.9 KB
Accession
0001534122-15-000058
Insider Transaction Report
Form 4
IRELAND INC.IRLD
BIRNIE DOUGLAS DG
DirectorCEO, President & Secretary
Transactions
- Exercise/Conversion
2015 Special Warrants (Right to Buy)
2015-05-18$0.20/sh+375,000$75,000→ 625,000 totalFrom: 2015-05-18Exp: 2016-02-28→ Units (375,000 underlying) - Exercise/Conversion
2014 Special Warrants (Right to Buy)
2015-05-18−375,000→ 0 totalFrom: 2014-03-24Exp: 2015-03-31→ Units (375,000 underlying)
Footnotes (5)
- [F1]2014 Special Warrants converted into 2015 Special Warrants pro rata to the purchase price for each ($0.20/special warrant for each).
- [F2]Each Unit issuable under 2014 Special Warrants consisted of one share of common stock and one share purchase warrant exercisable at $0.40 per share, expiring March 19, 2019.
- [F3]2015 Special Warrants are convertible into Units at no extra cost on a 1:1 basis. Alternately, if the Issuer completes a Subsequent Equity Offering, holders may convert into shares of common stock or Common Stock Equivalents pro rata to the purchase price of the Subsequent Equity Offering (terms as defined in the 2015 Special Warrants).
- [F4]2015 Special Warrants expire on the earlier of February 28, 2016 and one month after a Qualified Financing (as defined in the 2015 Special Warrants).
- [F5]Each Unit consists of one share of common stock and one share purchase warrant exercisable at $0.40 per share, expiring February 28, 2020.
Documents
Issuer
IRELAND INC.
CIK 0001166338
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001166338
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 3:25 PM ET
- Size
- 8.9 KB