SEC Form 4 · accession 0001140361-16-067308
US GEOTHERMAL INC · HTM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Zurkoff
Officer — Treasurer & Exec. VP, Finance
Period of report
May 25, 2016
Accepted (ET)
May 26, 2016 · 3:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001172136
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 25, 2016 | M | 50,000 | $0.31 | A | 227,027 | D | |
| Common Stock | May 25, 2016 | S | 50,000 | $0.77 | D | 177,027 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $0.31 | May 25, 2016 | M | 50,000 | D | — | Aug 24, 2017 | Common Stock | 50,000 | 100,000 | D |
Explanation of responses
- F1The options vested as follows: 25% on 8/24/12; 25% on 2/24/13; 25% on 8/24/13; and 25% on 2/24/14.