SEC Form 4 · accession 0001144204-18-000430
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
Dec 29, 2017
Accepted (ET)
Jan 3, 2018 · 2:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001432196
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Dec 29, 2017 | A | 2,605 | A | — | — | Common Stock | 2,605 | 19,607 | D |
Explanation of responses
- F1The Reporting Person received a grant of 2,605 shares of restricted stock units in lieu of cash for retainer and meeting fees of $6,250 earned by the Reporting Person during the fiscal quarter ended December 31, 2017.
- F2The restricted stock units were granted pursuant to a Restricted Stock Unit Grant Agreement (the "Agreement") dated December 29, 2017. Pursuant to the Agreement, all restricted stock units vested on December 29, 2017. For each vested restricted stock unit, the Reporting Person will be entitled to receive one share of common stock upon termination of service on the Issuer's board of directors, in connection with a change in control or under certain other circumstances, all as set forth in the Agreement.