Swallow John 4/A

4/A · Idaho Strategic Resources, Inc. · Filed Jan 22, 2025

Form 4/AAmended

Period: 2025-01-15

DirectorPresident & CEO

Transactions

AwardSwap
Stock option (Right to Buy)
2025-01-15+9,727→ 22,454 total
Exercise: $11.50From: 2026-01-15Exp: 2027-01-15→ Common Stock (9,727 underlying)
Award
Stock Option (Right to Buy)
2025-01-15+9,727→ 12,727 total
Exercise: $11.50From: 2025-07-15Exp: 2027-01-15→ Common stock (9,727 underlying)
Award
Stock option (Right to Buy)
2025-01-15+3,546→ 26,000 total
Exercise: $11.50From: 2027-01-01Exp: 2027-01-15→ Common Stock (3,546 underlying)

Footnotes (3)

[F1]On January 15, 2025, Mr. Swallow was granted 23,000 stock options.
[F2]These options vest in equally amounts bi-annually on July 15, 2025 and January 15, 2026, respectively, up to a maximum fair market value a total of $100,000 per calendar year. The fair market value of the options was determined to be the closing price of the stock on January 14, 2025 of $10.28. Therefore, 9,727 options vest on July 15, 2025 and on January 15, 2026, and the remaining stock options on January 1, 2027.
[F3]The original Form 4, filed on January 16, 2025, is being amended by this Form 4 amendment solely to correct a scrivener's error, which misreported the Exercise Prices of the Stock Options granted as $1,150 when in fact the Exercise Prices under Table II, Item 2 are $11.50.

Documents

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