SEC Form 4 · accession 0000814375-16-000074
Pershing Gold Corp. · PGLC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
DONALD SMITH & CO., INC.
10% Owner
Period of report
Jul 8, 2016
Accepted (ET)
Jul 12, 2016 · 11:54 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001432196
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Pershing Gold CorpF1,F2 | Jul 8, 2016 | S | 90,000 | $4.89 | D | 3,250,000 | I | Owned by 2 affiliates - Donald Smith Value Fund and Donald and Paula Smith Family Foundation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Donald Smith Value Fund, L.P. holds 1,850,000 shares Donald and Paula Smith Family Foundation holds 1,400,000 shares (after this reported transaction)
- F2Donald Smith & Co., Inc. does not hold any PGLC. The holding is owned by 2 affiliated entities: Donald Smith Value Fund, L.P. (holds 1,850,000 common stock and 925,000 warrants) and Donald and Paula Smith Family Foundation (holds 1,400,000 common stock after this reported transaction). Both entities are 100% personal discretionary accounts of Donald G. Smith, President.