Applied Minerals, Inc. 4
4 · Applied Minerals, Inc. · Filed Mar 16, 2016
Insider Transaction Report
Form 4
Zeitoun Andre
DirectorPresident and CEO
Transactions
- Award
COMMON STOCK OPTION (RIGHT TO BUY)
2016-03-10$0.24/sh+331,126$79,470→ 7,766,676 totalExercise: $0.24From: 2016-03-10Exp: 2021-03-10→ COMMON STOCK (331,126 underlying)
Footnotes (1)
- [F1]On March 10, 2016, Mr. Zeitoun was granted an option to purchase 331,126 shares of common stock of Applied Minerals, Inc. at $0.24 per share. The exercise price is the closing price of the Company's common stock on March 9, 2016. The option vests immediately and expires on March 10, 2021. This grant was a component of Mr. Zeitoun's bonus for 2015 as determined by the Company's Board of Directors. The Black-Scholes value of the option grant at March 10, 2016 was $50,000.