SEC Form 4 · accession 0001235110-16-000068
General Moly, Inc · GMO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Ira Pennington
Officer — VP Engineering & Construction
Period of report
Dec 11, 2016
Accepted (ET)
Dec 13, 2016 · 4:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001275229
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 11, 2016 | M | 12,321 | $0.00 | A | 794,892 | D | |
| Common StockF2 | Dec 11, 2016 | F | 3,530 | $0.29 | D | 791,362 | D | |
| Common StockF3 | holding | — | — | — | 158,000 | I | By Robert Pennington Dolores R. Pennington P/ADM Mineral Development LLC Dated 10-15-2007 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock unitsF4,F5,F6 | — | Dec 11, 2016 | M | 12,321 | D | — | — | Common Stock | 12,321 | 0 | D |
Explanation of responses
- F1Represents acquisition of common stock upon vesting of restricted stock units.
- F2Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock units.
- F3Robert Pennington is the sole member of the Robert Pennington Dolores R. Pennington P/ADM Mineral Development LLC.
- F4Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- F5The restricted stock units vest as follows: one-third on December 11, 2014, one-third on December 11, 2015 and one-third on December 11, 2016.
- F6One-third of the restricted stock units will convert to shares of the issuer's common stock on each vesting date and the shares will be delivered to the reporting person.