SEC Form 4 · accession 0001123292-19-000223
WESTWATER RESOURCES, INC. · WWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dain A McCoig
Officer — Vice President
Period of report
Feb 4, 2019
Accepted (ET)
Feb 5, 2019 · 4:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000839470
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 4, 2019 | M | 4,125 | — | A | 8,481 | D | |
| Common StockF2 | Feb 4, 2019 | F | 1,223 | $0.14 | D | 7,258 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Feb 4, 2019 | M | 4,125 | D | — | — | Common Stock | 4,125 | 12,375 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock following vesting of the restricted stock units.
- F2Shares withheld to cover taxes upon vesting of restricted stock units. No shares were sold.
- F3On September 18, 2017, Mr. McCoig was granted 37,125 restricted stock units that vest based on the following criteria: (1) one third vest in three equal installments on each of December 31, 2017, 2018 and 2019; and (ii) the remaining two-thirds vest based on satisfaction of performance and total shareholder return measures for each of 2017, 2018 and 2019 as determined by the issuer's board of directors. Shares will be delivered to the reporting person following vesting.