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Paramount Gold Nevada Corp. — Director's Dealing 2019
Jan 30, 2019
34168_dirs_2019-01-30_7c56a84c-10c7-4130-94e3-a0d2f516496a.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: 2019-01-28
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 |
|---|---|---|---|---|---|---|---|
| 2019-01-28 | Common Stock, par value $0.01 per share | X | 248400 | $0.93 | Acquired | 4976310 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-01-28 | Warrants to purchase Common Stock | $2.25 | J | 496800 | Disposed | 2019-02-13 | Common Stock (248400) | Direct |
| 2019-01-28 | Warrants to purchase Common Stock | $0.93 | J | 496800 | Acquired | 2019-02-13 | Common Stock (248400) | Direct |
| 2019-01-28 | Warrants to purchase Common Stock | $0.93 | X | 496800 | Disposed | 2019-02-13 | Common Stock (248400) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Warrants to purchase Common Stock | $1.30 | 2020-07-05 | Common Stock (190000) | 380000 | Direct |
Footnotes
F1: Of such 4,976,310 shares, 3,754,099 shares are owned directly by FCMI Parent Co., and 1,222,211 shares are owned directly by FCMI Financial Corporation. FCMI Financial Corp.is a wholly-owned subsidiary of FCMI Parent Co. All of the Warrants reported as amended, exercised or owned in Table II were or are owned directly by 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.
F2: The reported transactions involve an amendment of outstanding warrants, which may be deemed to constitute cancellation of the "old" warrants and the grant of replacement warrants. The warrants were originally issued on February 14, 2017. The warrants were subsequently exercised, as reported in Tables I and II.
F3: These warrants are exercisable at $1.30 per share until July 5, 2019 and, thereafter, at $1.50 per share until expiration, in each case subject to adjustment for certain events set forth in the warrants.