SEC Form 4 · accession 0001441557-15-000038
WHITE MOUNTAIN TITANIUM CORP · WMTM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Kin Wong
Officer — CEO · Director
Period of report
Aug 5, 2015
Accepted (ET)
Aug 7, 2015 · 12:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001284766
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 2,478,927 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF3,F4 | $0.55 | Aug 5, 2015 | A | 6,000,000 | A | Aug 5, 2015 | Dec 31, 2017 | Common Stock | 6,000,000 | 6,000,000 | I |
| WarrantsF1 | $0.45 | holding | — | — | — | Dec 13, 2013 | Dec 31, 2016 | Common Stock | 700,000 | 700,000 | D |
| OptionsF2 | $0.45 | holding | — | — | — | Sep 29, 2014 | Dec 31, 2017 | Common Stock | 400,000 | 400,000 | D |
Explanation of responses
- F1Warrants included as part of a unit purchased in the offering pursuant to MOU dated December 3, 2013 and amended July 3, 2014.
- F2Options were granted in connection with Mr. Wong's Management Service Agreement dated September 26, 2014.
- F3Warrants were issued as a bonus pursuant to the MOU dated December 3, 2013 and amended July 3, 2014.
- F4Warrants are held by Grand Agriculture Investment Limited, a Hong Kong company controlled by Kin Wong. Mr. Wong disclaims beneficial ownership of such warrants except to the extent of his pecuniary interest therein.