SEC Form 4 · accession 0001079974-15-000183

WESTMOUNTAIN GOLD, INC. · WMTN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

10% Owner

Period of report

Dec 14, 2011

Accepted (ET)

Mar 12, 2015 · 2:09 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001421601

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Mar 2, 2015	J	3,961	$0.69	A	2,889,870	D
Common Stock	Mar 2, 2015	J	35,714	$0.35	A	2,925,584	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Warrant	$0.75	Dec 14, 2011	S	78,000	D	Apr 22, 2011	Apr 22, 2014	Common	78,000	7,136,615	D
Convertible Note	$0.45	Sep 17, 2012	P	5,673,955	A	Sep 17, 2012	Sep 17, 2012	Common	5,673,955	12,810,570	D
Warrant	$0.75	Apr 23, 2014	J	1,000,000	D	Apr 22, 2011	Apr 22, 2014	Common	1,000,000	12,810,570	D
Warrant	$0.75	Apr 23, 2014	J	22,000	D	Apr 22, 2011	Apr 22, 2014	Common	22,000	12,810,570	D
Warrant	$4.00	Apr 23, 2014	J	200,000	D	Nov 15, 2011	Nov 15, 2021	Common	200,000	12,810,570	D
Warrant	$0.25	Apr 23, 2014	J	1,250,000	D	Oct 1, 2012	Sep 30, 2017	Common	1,250,000	12,810,570	D
Warrant	$1.50	Apr 23, 2014	J	1,136,615	D	Oct 1, 2012	Sep 30, 2017	Common	1,136,615	12,810,570	D
Warrant	$1.50	Apr 23, 2014	J	715,500	D	Oct 1, 2012	Sep 30, 2017	Common	715,500	12,810,570	D

F1The common stock received represents a semi-annual dividend, due July 01, 2014, adjusted to account for previous overpayment of semi-annual dividend.
F2The common stock received represents a semi-annual dividend, due January 01, 2015, as payment from the Issuer for its Series A Convertible Preferred Stock held by the Reporting Person.
F3Warrants transferred.
F4The Reporting Person purchased a Convertible Revolving Line of Credit in the principal amount of $1,852,115. The Note bears interest at an annual rate of 15% and principal and accrued interest may be converted into the Company's common stock at the initial rate of $3.00 per share ("Conversion Rate") at the Lender's option. On December 31, 2014 principal and interest totaled $2,553,280. The Conversion Rate is subject to adjustment based on subsequent Company financings and, at present, equals $0.45 per share of the Company's Common Stock.
F5The previously reported warrants were re-priced as consideration for a Loan and Note Modification Agreement.
F6The previously reported warrants were extended as consideration for a Loan and Note Modification Agreement.