SEC Form 4 · accession 0001140361-17-043138
Contango Silver & Gold Inc. · CTGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph S Compofelice
Director
Period of report
Nov 14, 2017
Accepted (ET)
Nov 16, 2017 · 7:03 pm EST
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 | Nov 14, 2017 | A | 25,000 | $0.00 | A | 134,126 | D | |
| Common Stock, par value $0.01F2 | Nov 14, 2017 | M | 20,000 | $10.00 | A | 154,126 | D | |
| Common Stock, par value $0.01F2 | Nov 14, 2017 | F | 10,000 | $20.00 | D | 144,126 | 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 | $10.00 | Nov 14, 2017 | M | 20,000 | D | — | Dec 7, 2017 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1The shares represent a grant of restricted stock which vest on January 1, 2020.
- F2On November 14, 2017, the reporting person received 10,000 shares of Common Stock upon the net exercise of 20,000 of the reporting person's stock options that were granted on December 7, 2012 with an exercise price of $10.00. The reporting person forfeited 10,000 shares of Common Stock underlying the stock option in payment of the exercise price resulting from the exercise, using the closing stock price on November 13, 2017, of $20. These options fully vested on December 7, 2014.