4//SEC Filing
FCMI Parent Co. 4
Accession 0001019056-18-000833
CIK 0001629210other
Filed
Jul 11, 8:00 PM ET
Accepted
Jul 12, 5:00 PM ET
Size
12.4 KB
Accession
0001019056-18-000833
Insider Transaction Report
Form 4
FCMI FINANCIAL CORP ET AL
10% Owner
Transactions
- Purchase
Common Stock, par value $0.01 per share
2018-07-11$1.25/sh+380,000$475,000→ 4,727,910 total - Award
Warrants to purchase Common Stock
2018-07-11+380,000→ 380,000 totalExercise: $1.30From: 2018-07-11Exp: 2020-07-10→ Common Stock (190,000 underlying)
Holdings
- 496,800
Warrants to purchase Common Stock
Exercise: $2.25From: 2017-02-14Exp: 2019-02-13→ Common Stock (248,400 underlying)
FRIEDBERG ALBERT
10% Owner
Transactions
- Purchase
Common Stock, par value $0.01 per share
2018-07-11$1.25/sh+380,000$475,000→ 4,727,910 total - Award
Warrants to purchase Common Stock
2018-07-11+380,000→ 380,000 totalExercise: $1.30From: 2018-07-11Exp: 2020-07-10→ Common Stock (190,000 underlying)
Holdings
- 496,800
Warrants to purchase Common Stock
Exercise: $2.25From: 2017-02-14Exp: 2019-02-13→ Common Stock (248,400 underlying)
FCMI Parent Co.
10% Owner
Transactions
- Purchase
Common Stock, par value $0.01 per share
2018-07-11$1.25/sh+380,000$475,000→ 4,727,910 total - Award
Warrants to purchase Common Stock
2018-07-11+380,000→ 380,000 totalExercise: $1.30From: 2018-07-11Exp: 2020-07-10→ Common Stock (190,000 underlying)
Holdings
- 496,800
Warrants to purchase Common Stock
Exercise: $2.25From: 2017-02-14Exp: 2019-02-13→ Common Stock (248,400 underlying)
Footnotes (4)
- [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.
Documents
Issuer
Paramount Gold Nevada Corp.
CIK 0001629210
Entity typeother
IncorporatedNova Scotia, Canada
Related Parties
1- filerCIK 0001678258
Filing Metadata
- Form type
- 4
- Filed
- Jul 11, 8:00 PM ET
- Accepted
- Jul 12, 5:00 PM ET
- Size
- 12.4 KB