SEC Form 4 · accession 0001171843-17-004671
Corvus Gold Inc. · CORVF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A Pontius
Officer — CEO & PRESIDENT · Director
Period of report
Jul 31, 2017
Accepted (ET)
Aug 3, 2017 · 11:48 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001507964
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $0.617 | Jul 31, 2017 | A | 475,000 | A | — | Jul 31, 2022 | Common Stock | 475,000 | 475,000 | D |
Explanation of responses
- F1The exercise price was converted from CAD0.77 based on the July 31, 2017 noon rate as quoted by the Bank of Canada to USD0.617. The exercise price is the actual Canadian dollar amount regardless of the exchange rate on the date of exercise.
- F2Options were granted on July 31, 2017 and vest as follows: one-third on July 31, 2018, one-third on July 31, 2019 and one-third on July 31, 2020.