SEC Form 4 · accession 0001493152-16-013982
LIBERTY STAR URANIUM & METALS CORP. · LBSR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Briscoe
Officer — President, CEO, Chairman · Director
Period of report
Oct 11, 2016
Accepted (ET)
Oct 12, 2016 · 6:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001172178
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | holding | — | — | — | 2,187,500 | I | Alaska Star Minerals LLC | |
| Common StockF3 | holding | — | — | — | 2,822,912 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Options | $0.003 | Oct 11, 2016 | A | 6,879,950 | A | Oct 11, 2016 | Oct 11, 2026 | Common Stock | 6,879,950 | 6,879,950 | D |
| Incentive Stock OptionsF2,F4 | $0.88 | holding | — | — | — | — | May 21, 2018 | Common Stock | 75,000 | 75,000 | D |
| Incentive Stock Options | $0.038 | holding | — | — | — | Aug 10, 2010 | Aug 10, 2020 | Common Stock | 52,500,000 | 52,500,000 | D |
| WarrantsF6,F5 | — | holding | — | — | — | Jul 31, 2015 | Jul 31, 2018 | Common Stock | 2,822,912 | 2,822,912 | D |
Explanation of responses
- F1These shares are held by Alaska Star Minerals LLC. James Briscoe beneficially owns 100% of the membership interest in Alaska Star Minerals LLC.
- F2Reflects a one for four reverse stock split effective September 1, 2009.
- F3These shares are owned jointly by James Briscoe and his wife, Mardee Briscoe, as joint tenants with rights of survivorship.
- F425% of 100,000 options vested on the six month anniversary of May 21, 2008 ("the date of grant"), 25% of 100,000 options vested on the twelve month anniversary of the date of grant, 25% of the 100,000 options vested on the eighteen month anniversary of the date of grant, and the balance of the 100 options vested on the twenty-four month anniversary of the date of grant and 25% of 200,000 options vested on the thirty month anniversary of the date of grant, 25% of 200,000 options vested on the thirty-six month anniversary date of the grant, 25% of the 200,000 options vested on the forty-second month anniversary date of the grant and the balance of the 200,000 options vested on the forty-eight month anniversary of the date of grant.
- F5These warrants have an exercise price of $0.00213 per share of common stock.
- F6These warrants are owned jointly by James Briscoe and his wife, Mardee Briscoe, as joint tenants with rights of survivorship.