SEC Form 4 · accession 0001104659-15-074179
MINES MANAGEMENT INC · MGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas D Dobbs
Officer — President & Corp. Secretary · Director
Period of report
Oct 27, 2015
Accepted (ET)
Oct 29, 2015 · 5:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000066649
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1,F2 | $0.28 | Oct 27, 2015 | A | 150,000 | A | — | — | Common Stock | 150,000 | 150,000 | D |
Explanation of responses
- F1The stock options shall vest upon the earlier of (i) the issuance of a Final Record of Decision by the U.S. Forest Service and the Montana Department of Environmental Quality in connection with the Company's Montanore Project and (ii) May 1, 2016. The stock options were granted pursuant to a Company equity incentive plan.
- F2The expiration date of the stock options is the five year anniversary of the date on which the stock options vest.