SEC Form 4 · accession 0001052918-15-000052
NEW JERSEY MINING CO · NJMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Swallow
Director · 10% Owner
Period of report
Apr 30, 2014
Accepted (ET)
Feb 11, 2015 · 6:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001030192
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director's Stock Option (Right to Buy)F1,F3 | $0.10 | Apr 30, 2014 | A | 250,000 | A | Apr 30, 2014 | Apr 30, 2017 | Common stock | 250,000 | 2,550,000 | D |
| Director's Stock Option (Right to Buy)F1 | $0.10 | Apr 30, 2014 | A | 250,000 | A | Apr 30, 2015 | Apr 30, 2018 | Common stock | 250,000 | 2,800,000 | D |
| Director's Stock Option (Right to Buy)F1 | $0.10 | Apr 30, 2014 | A | 250,000 | A | Apr 30, 2016 | Apr 30, 2019 | Common stock | 250,000 | 3,050,000 | D |
| Director's Stock Option (Right to Buy)F2 | $0.15 | Dec 31, 2014 | A | 250,000 | A | Dec 31, 2014 | Dec 31, 2019 | Common stock | 250,000 | 3,300,000 | D |
| Director's Stock Option (Right to Buy)F2 | $0.15 | Dec 31, 2014 | A | 250,000 | A | Dec 31, 2015 | Dec 31, 2020 | Common stock | 250,000 | 3,550,000 | D |
Explanation of responses
- F1The options granted on April 30, 2014 vest as follows: 250,000 on 4/30/2014, 250,000 on 4/30/2015, and 250,000 on 4/30/2016.
- F2The number of options granted on December 31, 2014 vest as follows: 250,000 on 12/31/2014, and 250,000 on 12/31/2015.
- F3The number of Derivative Securities beneficially owned includes 2,300,000 purchase warrants acquired in the Company's private placements.