SEC Form 4 · accession 0001011034-18-000071
MAGELLAN GOLD Corp · MAGE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Pierce Carson
Officer — President · Director · 10% Owner
Period of report
Jul 24, 2018
Accepted (ET)
Jul 27, 2018 · 11:44 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001515317
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 24, 2018 | A | 4,905,000 | $0.00 | A | 17,528,957 | D | |
| Common StockF2 | Jul 24, 2018 | A | 4,000,000 | $0.00 | A | 21,528,957 | D | |
| Common Stock | holding | — | — | — | 12,623,957 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options | $0.04 | holding | — | — | — | Oct 26, 2017 | Oct 26, 2027 | Common Stock | 2,000,000 | 2,000,000 | D |
Explanation of responses
- F1Shares issued in consideration of agreement to convert $90,000 in unpaid compensation and $8,100 in cash advances made to the Issuer. Shares valued at $0.02 per share.
- F2Restricted Stock Award subject to vesting valued at $0.02 per share.