SEC Form 4 · accession 0001140361-17-043144
Contango Silver & Gold Inc. · CTGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Juneau
Officer — President and CEO · Director
Period of report
Nov 14, 2017
Accepted (ET)
Nov 16, 2017 · 8:15 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 | 50,000 | $0.00 | A | 216,898 | D | |
| Common Stock, par value $0.01F4 | Nov 14, 2017 | M | 75,000 | $10.00 | A | 291,898 | D | |
| Common Stock, par value $0.01F4 | Nov 14, 2017 | F | 37,500 | $20.00 | D | 254,398 | D | |
| Common Stock, par value $0.01F2 | holding | — | — | — | 147,234 | I | By J5D Enterprises, LP, formerly J4D Enterprises LP | |
| Common Stock, par value $0.01F3 | holding | — | — | — | 96,534 | I | By Juneau Exploration, L.P. |
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)F4 | $10.00 | Nov 14, 2017 | M | 75,000 | D | — | Dec 7, 2017 | Common Stock | 75,000 | 0 | D |
Explanation of responses
- F1The shares represent a grant of restricted stock which vest on January 1, 2020.
- F2This number represents the amount of common stock owned by J5D Enterprises, LP.
- F3This number represents the amount of common stock owned by Juneau Exploration, LP.
- F4On November 14, 2017, the reporting person received 37,500 shares of Common Stock upon the net exercise of 75,000 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 37,500 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.