SEC Form 4 · accession 0001683168-19-000590
MAGELLAN GOLD Corp · MAGE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Paul Martinez
Officer — CFO
Period of report
Jan 19, 2019
Accepted (ET)
Mar 11, 2019 · 12:39 pm 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 | Jan 19, 2019 | A | 14,118 | $0.00 | A | 14,118 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF2 | $2.00 | holding | — | — | — | Oct 26, 2017 | Oct 26, 2027 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Mr. Martinez's shares were issued in exchange for services rendered as CFO in 2018 valued at $1.70 per share, the closing price of the Company's stock on January 18, 2019.
- F2Number of options and option exercise price have been adjusted to give effect to a 1 for 50 reverse stock split which was effective 1/7/2019.