Form 4 for DC Dakota Gold Corp.
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001062993-23-005795 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-03 | 2023-03-01 | DC | ABERLE GERALD MICHAEL | COO, Dir | M - OptEx | — | +8,325 | 4.23M | +0.2% | — |
| D | 2023-03-03 | 2023-03-01 | DC | ABERLE GERALD MICHAEL | COO, Dir | F - Tax | $2.81 | -2,588 | 4.23M | -0.1% | -$7,272 |
| D | 2023-03-03 | 2023-03-01 | DC | ABERLE GERALD MICHAEL | COO, Dir | A - Grant | $0.00 | +35.6K | 4.26M | +0.8% | $0 |
| DM | 2023-03-03 | 2023-03-01 | DC | ABERLE GERALD MICHAEL | COO, Dir | A - Grant | $0.00 | +143.3K | 72.1K | New | $0 |
| D | 2023-03-03 | 2023-03-01 | DC | ABERLE GERALD MICHAEL | COO, Dir | M - OptEx | $0.00 | -9,752 | 19.5K | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-01 | M | A | 8,325 | — | 4,230,746 | D | — | — | (F1) The Reporting Person was previously granted 29,255 performance stock units ("PSUs"), which can vest between 0% - 200% of the target number of shares, based on relative total stockholder return of Dakota Gold Corp. as compared to the MVIS Global Junior Gold Miners Index. One third of such PSUs vested in 2023 at 85% of the target number of shares, were settled on March 1, 2023 and were converted into 5,737 shares of Common Stock, which is net of shares of Common Stock withheld for taxes due on such conversion. |
| 2 | Common | Common Stock | 2023-03-01 | F | D | 2,588 | $2.81 | 4,228,158 | D | — | — | (F2) Represents net settlement for taxes due in connection with the conversion of the vested PSUs into shares of Common Stock upon settlement by the Issuer, based on a closing price of $2.81 per share of the Common Stock on February 28, 2023 on the NYSE American. |
| 3 | Common | Common Stock | 2023-03-01 | A | A | 35,587 | $0.00 | 4,263,745 | D | — | — | (F3) Represents restricted stock units ("RSU"). Each RSU represents a contingent right to receive one share of Dakota Gold Corp. common stock. The RSUs are scheduled to vest in three equal tranches on March 1, 2024, March 1, 2025 and March 1, 2026. |
| 4 | Derivative | Performance Share Units | 2023-03-01 | A | A | 71,174 | $0.00 | 71,174 | D | — · — to — | 71,174 Common Stock | (F5) Each PSU represents a contingent right to receive one share of Dakota Gold Corp. common stock, which can vest between 0% - 200% of the target number of shares, based on relative total stockholder return of Dakota Gold Corp. as compared to the MVIS Global Junior Gold Miners Index. The PSUs are scheduled to vest in three equal tranches in 2024, 2025 and 2026. |
| 5 | Derivative | Stock Options | 2023-03-01 | A | A | 72,127 | $0.00 | 72,127 | D | $2.81 · 2024-03-01 to 2028-03-01 | 72,127 Common Stock | (F4) The options are scheduled to vest in three equal tranches on March 1, 2024, March 1, 2025 and March 1, 2026. |
| 6 | Derivative | Performance Stock Units | 2023-03-01 | M | D | 9,752 | $0.00 | 19,503 | D | — · — to — | 9,752 Common Stock | (F1) The Reporting Person was previously granted 29,255 performance stock units ("PSUs"), which can vest between 0% - 200% of the target number of shares, based on relative total stockholder return of Dakota Gold Corp. as compared to the MVIS Global Junior Gold Miners Index. One third of such PSUs vested in 2023 at 85% of the target number of shares, were settled on March 1, 2023 and were converted into 5,737 shares of Common Stock, which is net of shares of Common Stock withheld for taxes due on such conversion. |