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U.S. GOLD CORP. — Director's Dealing 2020
Sep 22, 2020
33733_dirs_2020-09-21_4e0e92f0-f2cf-43f1-93c7-ed98204ec4a9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: U.S. GOLD CORP. (USAU)
CIK: 0000027093
Period of Report: 2020-09-17
Reporting Person: JANKE TIMOTHY MARK (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-17 | Common Stock | A | 2500 | — | Acquired | 15373 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-09-17 | Stock Option (Right to Buy) | $14.70 | D | 5000 | Disposed | 2022-12-22 | Common Stock (5000) | Direct |
| 2020-09-17 | Stock Option (Right to Buy) | $14.70 | A | 5000 | Acquired | 2022-12-22 | Common Stock (5000) | Direct |
Footnotes
F1: Represents restricted shares of common stock awarded to the reporting person on September 17, 2020 pursuant to the U.S. Gold Corp. 2020 Stock Incentive Plan. Such shares vested immediately upon grant.
F2: The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on December 22, 2017 and vested 100% on December 22, 2018. The post-termination exercise period was extended to December 22, 2022.
F3: The securities and exercise prices shown have been adjusted from the time of grant to reflect the Issuer's 1-for-10 reverse stock split effected on March 19, 2020.