SEC Form 4 · accession 0001104659-16-141207
MINES MANAGEMENT INC · MGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell C Babcock
Director
Period of report
Aug 22, 2016
Accepted (ET)
Aug 24, 2016 · 4:16 pm EDT
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 | Aug 22, 2016 | M | 25,000 | $0.20 | A | 146,090 | D | |
| Common Stock | Aug 22, 2016 | M | 25,000 | $0.20 | A | 171,090 | D | |
| Common Stock | Aug 22, 2016 | M | 25,000 | $0.91 | A | 196,090 | D | |
| Common Stock | Aug 22, 2016 | M | 25,000 | $0.91 | A | 221,090 | D | |
| Common Stock | Aug 22, 2016 | M | 60,000 | $0.28 | A | 281,090 | D | |
| Common Stock | Aug 22, 2016 | F | 50,208 | $1.44 | D | 230,882 | 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 | Aug 22, 2016 | M | 25,000 | D | — | Jul 18, 2017 | Common Stock | 25,000 | 0 | D |
| Stock Options (Right to Buy)F2 | $0.20 | Aug 22, 2016 | M | 25,000 | D | — | Feb 19, 2018 | Common Stock | 25,000 | 0 | D |
| Stock Options (Right to Buy)F3 | $0.91 | Aug 22, 2016 | M | 25,000 | D | — | Nov 30, 2019 | Common Stock | 25,000 | 0 | D |
| Stock Options (Right to Buy)F4 | $0.91 | Aug 22, 2016 | M | 25,000 | D | — | Apr 15, 2020 | Common Stock | 25,000 | 0 | D |
| Stock Options (Right to Buy)F5 | $0.28 | Aug 22, 2016 | M | 60,000 | D | — | Feb 12, 2021 | Common Stock | 60,000 | 0 | D |
Explanation of responses
- F1The option was granted on July 18, 2012 and vested 100% on July 18, 2012.
- F2The option was granted on February 19, 2013 and vested 100% on February 19, 2013.
- F3The option was granted on June 11, 2014 and vested 100% on November 30, 2014.
- F4The option was granted on June 11, 2014 and vested 100% on April 15, 2015.
- F5The option was granted on October 27, 2015 and vested 100% on February 12, 2016.