SEC Form 4 · accession 0001140361-16-070109
US GEOTHERMAL INC · HTM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis J. Gilles
Officer — Chief Executive Officer · Director
Period of report
Jun 15, 2016
Accepted (ET)
Jun 16, 2016 · 5:24 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 SharesF1 | Jun 15, 2016 | M | 80,008 | $0.60 | A | 1,305,689 | D | |
| Common Shares | Jun 15, 2016 | S | 66,008 | $0.776 | D | 1,239,681 | D | |
| Common Shares | holding | — | — | — | 45,000 | I | Adult Child | |
| Common Shares | holding | — | — | — | 45,000 | I | Adult Child |
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)F2 | $0.60 | Jun 15, 2016 | M | 80,008 | D | — | Sep 12, 2016 | Common Shares | 80,008 | 19,992 | D |
Explanation of responses
- F1Includes 185,000 stock units which will not vest until April 11, 2017.
- F2The options vest as follows: 25% on 9/12/11; 25% on 3/12/12; 25% on 9/12/12; 25% on 3/12/13.