SEC Form 4 · accession 0001437749-16-034606
Applied Minerals, Inc. · AMNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Levy
Director
Period of report
Jun 27, 2016
Accepted (ET)
Jun 29, 2016 · 2:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008328
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 27, 2016 | A | 333,334 | $0.12 | A | 752,031 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF1,F2 | $0.25 | Jun 27, 2016 | A | 333,334 | A | Jun 27, 2016 | Jun 27, 2021 | Common Stock | 100,000 | 748,670 | D |
Explanation of responses
- F1Applied Minerals, Inc. (the "Company") sold one share of common stock and one warrant to acquire .3 of a share of Common Stock as a unit priced at $.15. The Company has allocated the purchase price as follows: Common Stock, $,12 and Warrant, $.03o
- F2In order to acquire a whole share, the holder of the warrants must exercise 3.33 warrants for an aggregate purchase price of $.25