SEC Form 4 · accession 0001104659-16-089464
MINES MANAGEMENT INC · MGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy Franklin
Director
Period of report
Jan 11, 2016
Accepted (ET)
Jan 12, 2016 · 5:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000066649
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 11, 2016 | M | 50,000 | $0.20 | A | 193,238 | D | |
| Common Stock | Jan 11, 2016 | F | 25,000 | $0.40 | D | 168,238 | D |
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 | $0.20 | Jan 11, 2016 | M | 50,000 | D | — | Jan 14, 2016 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1The option was granted on July 14, 2010 and vested 100% on January 14, 2011.