SEC Form 4 · accession 0001052918-17-000005

NEW JERSEY MINING CO · NJMC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President · Director · 10% Owner

Period of report

Dec 29, 2016

Accepted (ET)

Jan 3, 2017 · 7:56 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^F1	Dec 29, 2016	P	800,000	$0.10	A	14,077,003	D
Common stock^F2	Dec 30, 2016	P	500,000	$0.10	A	14,577,003	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Warrant	$0.20	Dec 29, 2016	P	400,000	A	Dec 29, 2016	Jan 31, 2020	Common stock	400,000	2,450,000	D
Director's Stock Options (Right to Buy)^F3	$0.15	Dec 30, 2016	A	125,000	A	Dec 30, 2016	Dec 30, 2019	Common stock	125,000	2,575,000	D
Director's Stock Option (Right to buy)^F3	$0.15	Dec 30, 2016	A	125,000	A	Dec 29, 2017	Dec 30, 2019	Common stock	125,000	2,700,000	D
Director's Stock Option (Right to buy)	$0.10	Dec 30, 2016	X	250,000	D	Apr 30, 2014	Apr 30, 2017	Common stock	250,000	2,450,000	D
Director's Stock Option (Right to buy)	$0.10	Dec 30, 2016	X	250,000	D	Apr 30, 2015	Apr 30, 2018	Common stock	250,000	2,200,000	D

F1Common Stock and Warrants purchased on 12/29/2016 were sold together as Units in the Issuer's private placement at a sale price of $.20 per Unit. Each Unit consisted of two (2) shares of Common Stock and one (1) Warrant to purchase one (1) share of Common Stock at $.20 per share for a period of 36 months. The average price per share was $.10.
F2Common Stock purchased on 12/30/2016 was an exercise of Director's Stock Options.
F3The Director's options granted on 12/30/16 vest as follows: 125,000 on 12/30/2016, and 125,000 on 12/29/2017.