SEC Form 4 · accession 0001437749-18-011999
Applied Minerals, Inc. · AMNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zamani Ali
Director
Period of report
Jun 13, 2018
Accepted (ET)
Jun 18, 2018 · 3:04 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 Stock | Jun 13, 2018 | P | 312,500 | $0.08 | A | 553,884 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Warrant | $0.15 | Jun 13, 2018 | P | 312,500 | A | Jun 11, 2018 | Jun 10, 2021 | Common Stock | 312,500 | 817,121 | D |
Explanation of responses
- F1Applied Minerals, Inc. (the "Company") sold to Mr. Zamani 312,500 shares of common stock at $0.08 per share. The purchase also included an issuance to Mr. Zamani of 312,500 warrants to purchase shares of common stock. Each warrant allows Mr. Zamani to purchase one share of common stock for $0.15. The term of each warrant is three years.