SEC Form 4/A · accession 0001437749-16-027794
Applied Minerals, Inc. · AMNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Zamani Ali
Director
Period of report
Jan 19, 2016
Accepted (ET)
Mar 16, 2016 · 1:08 pm EDT
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,F2 | $0.30 | Jan 19, 2016 | A | 81,522 | A | Jan 19, 2017 | Jan 18, 2021 | COMMON STOCK | 81,522 | 254,621 | D |
Explanation of responses
- F1On January 19, 2016, Mr. Zamani was granted an option to purchase 81,522 shares of common stock of Applied Minerals, Inc. This grant is a component of the compensation Mr. Zamani will receive for serving as a Director of the Company for the 2016 calendar year. The exercise price of the option is $0.30 per share. The term is 5 years. 50% of the option vests on the first anniversary date of the grant and the remaining 50% vests on the second anniversary date of the grant.
- F2This filing amends Mr. Zamani's Form 4 filed on January 20, 2016. This amended filing corrects the number of derivative securities beneficially owned following the reported transaction (box 9).