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Paramount Gold Nevada Corp. — Director's Dealing 2018
Jul 12, 2018
34168_dirs_2018-07-12_260818e6-dd03-4f0e-8a4b-7cbe5ebc97be.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: 2018-07-11
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 |
|---|---|---|---|---|---|---|---|
| 2018-07-11 | Common Stock, par value $0.01 per share | P | 380000 | $1.25 | Acquired | 4727910 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-07-11 | Warrants to purchase Common Stock | $1.30 | A | 380000 | Acquired | 2020-07-10 | Common Stock (190000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Warrants to purchase Common Stock | $2.25 | 2019-02-13 | Common Stock (248400) | 496800 | Direct |
Footnotes
F1: On July11, 2018, FCMI Parent Co. purchased 380,000 Units of the Issuer's securities; each Unit consisting of one share of the Issuer's common stock and one warrant to purchase one-half of one share of such common stock.
F2: The purchase price per Unit was $1.25. The subscription documents for the Units did not allocate the purchase price between the shares of common stock and the warrants.
F3: Of such 4,727,910 shares, 3,505,699 shares are owned directly by FCMI Parent Co., and 1,222,211 shares are owned directly by FCMI Financial Corporation. The Warrants listed in Table II are owned directly by FCMI Parent Co. FCMI Financial Corp.is 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.
F4: Each warrant will have a two-year term from the issuance date and will be exercisable in the first year at $1.30 per share and in the second year at $1.50 per share, in each case subject to adjustment for certain events set forth in the warrants.