SEC Form 4 · accession 0001052918-15-000054
NEW JERSEY MINING CO · NJMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Grant A Brackebusch
Officer — Vice President · Director
Period of report
Apr 30, 2014
Accepted (ET)
Feb 11, 2015 · 7:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001030192
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | Jun 9, 2014 | A | 25,000 | $0.00 | A | 1,043,493 | D |
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 | $0.10 | Apr 30, 2014 | A | 250,000 | A | Apr 30, 2014 | Apr 30, 2017 | Common stock | 250,000 | 250,000 | 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 | 500,000 | 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 | 750,000 | 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 | 1,000,000 | 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 | 1,250,000 | 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 options granted on December 31, 2014 vest as follows: 250,000 on 12/31/2014, and 250,000 on 12/31/2015.