SEC Form 4 · accession 0001144204-18-049497

Pershing Gold Corp. · PGLC

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

Reporting owner

Barry C Honig

10% Owner

Period of report

Sep 12, 2018

Accepted (ET)

Sep 14, 2018 · 4:09 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 Stock^F1	Sep 12, 2018	M	47,661	—	A	3,237,294	D
Common Stock^F2	holding	—	—		—	5,193,568	I	See footnote
Common Stock^F3	holding	—	—		—	121,500	I	See footnote
Common Stock^F4	holding	—	—		—	1,763,522	I	See footnote
Common Stock^F5	holding	—	—		—	89,148	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
Restricted Stock Units^F1	—	Sep 12, 2018	M	47,661	D	Sep 12, 2018	Sep 12, 2018	Common Stock	47,661	0	D

Explanation of responses

F1Pursuant to each restricted stock unit's applicable Restricted Stock Unit Grant Agreement, for each vested restricted stock unit, the Reporting Person is entitled to receive one share of Common Stock upon termination of service on the Issuer's board of directors, in connection with a change of control or under certain other circumstances, all as set forth in such agreements. On August 29, 2018, the Reporting Person resigned as a member of the Issuer's board of directors. On September 12, 2018, the aggregate 47,661 restricted stock units were settled for an equal number of shares of Issuer's Common Stock.
F2The securities reported on this line are held by GRQ Consultants, Inc. 401K of which Barry Honig ("Mr. Honig") is Trustee and in such capacity is deemed to hold voting and dispositive power over the securities held by GRQ Consultants, Inc. 401K.
F3The securities reported on this line are held by GRQ Consultants, Inc. of which Mr. Honig is President and in such capacity is deemed to hold voting and dispositive power over the securities held by GRQ Consultants, Inc.
F4The securities reported on this line are held by GRQ Consultants, Inc. Roth 401K FBO Barry Honig of which Mr. Honig is Trustee and in such capacity is deemed to hold voting and dispositive power over the securities held by GRQ Consultants, Inc. Roth 401K FBO Barry Honig.
F5The securities reported on this line are held by GRQ Consultants, Inc. Defined Benefit Plan of which Mr. Honig is President and in such capacity is deemed to hold voting and dispositive power over the securities held by GRQ Consultants, Inc. Defined Benefit