SEC Form 4 · accession 0001104659-15-085259
MINES MANAGEMENT INC · MGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy Franklin
Director
Period of report
Dec 14, 2015
Accepted (ET)
Dec 16, 2015 · 7:04 pm EST
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 | $1.74 | Dec 14, 2015 | D | 50,000 | D | — | Jan 14, 2016 | Common Stock | 50,000 | 0 | D |
| Stock Options (Right to Buy)F1 | $0.20 | Dec 14, 2015 | A | 50,000 | A | — | Jan 14, 2016 | Common Stock | 50,000 | 50,000 | D |
| Stock Options (Right to Buy)F2 | $1.19 | Dec 14, 2015 | D | 25,000 | D | — | Jul 18, 2017 | Common Stock | 25,000 | 0 | D |
| Stock Options (Right to Buy)F2 | $0.20 | Dec 14, 2015 | A | 25,000 | A | — | Jul 18, 2017 | Common Stock | 25,000 | 25,000 | D |
| Stock Options (Right to Buy)F3 | $1.05 | Dec 14, 2015 | D | 25,000 | D | — | Feb 19, 2018 | Common Stock | 25,000 | 0 | D |
| Stock Options (Right to Buy)F3 | $0.20 | Dec 14, 2015 | A | 25,000 | A | — | Feb 19, 2018 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on July 14, 2010 and vested 100% on January 14, 2011.
- F2The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on July 18, 2012 and vested 100% on July 18, 2012.
- F3The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 19, 2013 and vested 100% on February 19, 2013.