SEC Form 4 · accession 0001144204-15-023268
Pershing Gold Corp. · PGLC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry C Honig
Director · 10% Owner
Period of report
Apr 10, 2015
Accepted (ET)
Apr 16, 2015 · 3:55 pm 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Apr 10, 2015 | P$0 | 7,692,307 | — | A | 35,484,621 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF1,F2 | $0.44 | Apr 10, 2015 | P | 3,076,922 | A | Apr 10, 2015 | Apr 10, 2017 | Common Stock | 3,076,922 | 3,076,922 | I |
Explanation of responses
- F1The reporting person purchased 7,692,307 units of the Issuer's securities at $0.325 per unit in a private placement, with each unit comprised of one share of common stock and a 24 month warrant to purchase 0.4 share of the Issuer's common stock.
- F2Held by GRQ Consultants, Inc. 401K Plan. Barry Honig is the trustee of GRQ Consultants, Inc. 401K Plan and in such capacity is deemed to hold voting and dispositive power over the securities held by GRQ Consultants, Inc. 401K Plan.