SEC Form 4 · accession 0001140361-16-078556
Contango Silver & Gold Inc. · CTGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Leah S Gaines
Officer — Chief Financial Officer
Period of report
Aug 26, 2016
Accepted (ET)
Sep 1, 2016 · 6:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001502377
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01F1 | Aug 26, 2016 | A | 10,000 | $0.00 | A | 45,000 | D | |
| Common Stock, par value $0.01F2 | Aug 27, 2016 | M | 4,372 | $10.01 | A | 49,372 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2,F3 | $10.01 | Aug 27, 2016 | M | 7,500 | D | — | Sep 25, 2018 | Common Stock | 500 | 7,500 | D |
Explanation of responses
- F1The reporting person was granted 10,000 shares of restricted stock on August 26, 2016. The shares of restricted stock vest in three equal annual installments beginning on August 26, 2016.
- F2On August 27, 2016, the reporting person received 4,372 shares of Common Stock upon the net exercise of 7,500 of the reporting person's stock options. The reporting person forfeited 3,128 shares of Common Stock underlying the stock options in payment of the exercise price resulting from the exercise, using the closing stock price on August 26, 2016 of $24.
- F3The stock options fully vested on September 25, 2015.