SEC Form 4 · accession 0001140361-16-068972
US GEOTHERMAL INC · HTM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas J Glaspey
Officer — President and COO · Director
Period of report
Jun 7, 2016
Accepted (ET)
Jun 7, 2016 · 4:58 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 Shares | Jun 7, 2016 | M | 50,000 | $0.31 | A | 719,687 | D | |
| Common Shares | Jun 7, 2016 | S | 40,000 | $0.847 | D | 679,687 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $0.31 | Jun 7, 2016 | M | 50,000 | D | — | Aug 24, 2017 | Common Stock | 50,000 | 140,000 | D |
Explanation of responses
- F1The options vest as follows: 25% on 8/24/12; 25% on 2/24/13; 25% on 8/24/13; 25% on 2/24/14.