SEC Form 4 · accession 0001279569-16-003558
Corvus Gold Inc. · CORVF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anton J Drescher
Director
Period of report
May 17, 2016
Accepted (ET)
May 18, 2016 · 5:14 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 17, 2016 | M | 100,000 | $0.388 | A | 1,040,838 | D | |
| Common sharesF1 | May 17, 2016 | S | 100,000 | $0.753 | D | 940,838 | 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,F2 | $0.388 | May 17, 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$1.2885 = US$1.00 on May 17, 2016.
- F2The options vested as follows: 1/3 on 7/29/11; 1/3 on 7/29/12; and 1/3 on 7/29/13.