SEC Form 4 · accession 0001279569-16-003415
Corvus Gold Inc. · CORVF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rowland Perkins
Director
Period of report
May 5, 2016
Accepted (ET)
May 9, 2016 · 6:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001507964
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common sharesF1 | May 5, 2016 | M | 100,000 | $0.389 | A | 115,000 | D | |
| Common sharesF1 | May 5, 2016 | S | 4,000 | $0.69 | D | 111,000 | D | |
| Common sharesF1 | May 5, 2016 | S | 13,500 | $0.68 | D | 97,500 | D | |
| Common sharesF1 | May 5, 2016 | S | 42,500 | $0.67 | D | 55,000 | D | |
| Common sharesF2 | May 6, 2016 | S | 10,000 | $0.74 | D | 45,000 | D | |
| Common sharesF3 | May 9, 2016 | S | 10,000 | $0.693 | D | 35,000 | 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)F1,F4 | $0.389 | May 5, 2016 | M | 100,000 | D | — | Jul 29, 2016 | Common Stock | 100,000 | 0 | D |
Explanation of responses
- F1The option exercise price of Cdn$0.50 and securities disposed of price were converted into U.S. dollars at an exchange rate of Cdn$1.2853 = US$1.00 on May 5, 2016.
- F2Securities disposed of price was converted from Canadian dollars to U.S. dollars at an exchange rate of Cdn$1.2921 = US$1.00.on May 6, 2016.
- F3Securities disposed of price was converted from Canadian dollars to U.S. dollars at an exchange rate of Cdn$1.2994 = US$1.00 on May 9, 2016.
- F4The options vested as follows: 1/3 on 7/29/11; 1/3 on 7/29/12; and 1/3 on 7/29/13.