SEC Form 4 · accession 0001493152-17-015138
U.S. GOLD CORP. · USAU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David C. Mathewson
Officer — VP of Exploration
Period of report
Dec 22, 2017
Accepted (ET)
Dec 27, 2017 · 6:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000027093
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF2,F3,F1 | $1.47 | Dec 22, 2017 | A | 125,000 | A | — | Dec 22, 2022 | Common Stock | 125,000 | 31,250 | D |
Explanation of responses
- F1Represents an option award under the U.S. Gold Corp. Equity Incentive Plan (the "Option Award"), of which one-quarter shall vest immediately and three-quarters shall vest in equal yearly installments over a three year period.
- F2Option Award is compensation for the Reporting Person's service as VP of Exploration of the Issuer.
- F3Includes options vested or to be vested within 60 days pursuant to the Option Award.