4//SEC Filing
Ullman Sharon 4
Accession 0001615774-19-005177
CIK 0000773717other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 5:30 PM ET
Size
12.5 KB
Accession
0001615774-19-005177
Insider Transaction Report
Form 4
Ullman Sharon
Director10% Owner
Transactions
- Disposition to Issuer
Options (right to buy)
2019-03-29−1,500,000→ 0 totalExercise: $0.40From: 2014-06-01Exp: 2020-11-13→ Common Stock (1,500,000 underlying) - Sale
Common Stock
2019-03-29−12,680,000→ 2,500,000 total(indirect: By LLC) - Disposition to Issuer
Options (right to buy)
2019-03-29−1,500,000→ 0 totalExercise: $0.40From: 2013-11-13Exp: 2020-11-13→ Common Stock (1,500,000 underlying) - Disposition to Issuer
Options (right to buy)
2019-03-29−1,500,000→ 0 totalExercise: $0.40From: 2015-06-01Exp: 2020-11-13→ Common Stock (1,500,000 underlying)
Footnotes (5)
- [F1]Shares transferred by the reporting person in an exchange transaction with Granite Peak Resources, LLC.
- [F2]The Reporting Person exchanged the shares for a pro-rata equity interest in Granite Peak Resources LLC ("GPR"). The shares are valued at the time of exchange on 3/29/19 as the fair market value ("FMV") as the closing trading price on the previous date ($0.0495) and such equity interest in Granite Peak Resources LLC is valued as the FMV of the Standard Metals Processing, Inc. (the "Company") shares.
- [F3]The shares are held in the name of Afignis LLC, the Reporting Person has sole voting and dispositive authority.
- [F4]A limited liability company, of which the reporting person is the manager and has sole dispositive and voting control.
- [F5]Options to purchase common stock granted pursuant to a compensatory Stock Option Grant Agreement.
Documents
Issuer
Standard Metals Processing, Inc.
CIK 0000773717
Entity typeother
Related Parties
1- filerCIK 0001514906
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 5:30 PM ET
- Size
- 12.5 KB