SEC Form 4 · accession 0001437749-16-023323
Applied Minerals, Inc. · AMNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zamani Ali
Director
Period of report
Jan 5, 2016
Accepted (ET)
Jan 7, 2016 · 4:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008328
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK OPTION (RIGHT TO BUY)F1 | $0.285 | Jan 5, 2016 | A | 73,099 | A | Jan 5, 2016 | Jan 4, 2021 | COMMON STOCK | 73,099 | 173,099 | D |
Explanation of responses
- F1On January 5, 2016 Mr. Zamani was granted an option to purchase 73,099 shares of common stock. The option was granted as payment of his Director fees for the first quarter of 2016. The option vested on January 5, 2016 and the term of the option is 5 years. The option grant was approved by the Board of Directors of Applied Minerals, Inc.