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Paramount Gold Nevada Corp. — Director's Dealing 2017
Feb 15, 2017
34168_dirs_2017-02-15_ab303a7d-0c81-4811-81a2-a694cc06ad7c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Paramount Gold Nevada Corp. (PZG)
CIK: 0001629210
Period of Report: 2017-02-14
Reporting Person: FCMI Parent Co. (10% Owner)
Reporting Person: FCMI FINANCIAL CORP ET AL (10% Owner)
Reporting Person: FRIEDBERG ALBERT (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-14 | Common Stock, par value $0.01 per share | P | 496800 | — | Acquired | 3148761 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-14 | Warrants to purchase Common Stock | $ | P | 248400 | Acquired | 2019-02-14 | Common Stock (248400) | Direct |
Footnotes
F1: On February 14, 2017, FCMI Parent Co. purchased 496,800 Units of the Issuer at a purchase price of $1.75 per Unit. Each Unit consists of one share of Common Stock and one warrant to purchase one-half of a share of Common Stock.
F2: Of such 3,148,761 shares, 1,926,550 shares are owned directly by FCMI Parent Co., and 1,222,211 shares are owned directly by FCMI Financial Corporation, a wholly-owned subsidiary of FCMI Parent Co. Mr. Albert D. Friedberg is the President of FCMI Parent Co., which is owned by Mr. Friedberg and members of his family and controlled by Mr. Friedberg.
F3: Each warrant will have a two-year term and will be exercisable at the following exercise prices: from February 14, 2017 to and including February 14, 2018, $2.00 per share; from February 15, 2018 to and including February 13, 2019, $2.25 per share, in each case subject to adjustment for certain events set forth in the warrants.