SEC Form 4 · accession 0001052918-16-000719
NEW JERSEY MINING CO · NJMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Swallow
Officer — President · Director · 10% Owner
Period of report
Dec 30, 2015
Accepted (ET)
Jan 4, 2016 · 4:17 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,F2 | $0.10 | Dec 30, 2015 | A | 250,000 | A | Dec 30, 2015 | Dec 30, 2020 | Common stock | 250,000 | 1,800,000 | D |
| Director's Stock Option (Right to Buy)F1,F2 | $0.10 | Dec 30, 2015 | A | 250,000 | A | Dec 30, 2016 | Dec 30, 2021 | Common stock | 250,000 | 2,050,000 | D |
Explanation of responses
- F1The options granted on 12/30/15 vest as follows: 250,000 on 12/30/15, and 250,000 on 12/30/16.
- F2The number of Derivative Securities beneficially owned includes 300,000 purchase warrants acquired in the Company's private placements. This amount does not include 2,000,000 purchase warrants that expired on May 31, 2015.