Matthew K. Rose - Aug 18, 2023 Form 4 Insider Report for DYNARESOURCE INC (DYNR)

Signature
By: /s/ Matthew K. Rose
Stock symbol
DYNR
Transactions as of
Aug 18, 2023
Transactions value $
$89,853
Form type
4
Date filed
8/22/2023, 04:05 PM
Previous filing
Aug 18, 2023
Next filing
Aug 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DYNR Common Stock Purchase $53.4K +20.1K +6.69% $2.65 321K Aug 18, 2023 Direct F1, F2
transaction DYNR Common Stock Purchase $36.5K +13.6K +4.22% $2.69 335K Aug 21, 2023 Direct F2, F3
holding DYNR Common Stock 655K Aug 18, 2023 By Golden Post Rail, LLC F2, F4
holding DYNR Common Stock 2M Aug 18, 2023 By MKR 2022 Grantor Retained Annuity Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.60 to $2.70. The reporting persons undertake to provide to DynaResource, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 The reporting persons may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The reporting persons declare that neither the filing of this statement nor anything herein shall be construed as an admission that such persons are, for the purposes of Section 13(d) or 13(g) of the Exchange Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.68 to $2.70. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (3) to this Form 4.
F4 Matthew K. Rose is the Manager, President, Secretary and Treasurer of Golden Post Rail, LLC ("Golden Post") and may be deemed to beneficially own the securities held by Golden Post. Mr. Rose disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. Mr. Rose states that neither the filing of this statement nor anything herein shall be deemed an admission that Mr. Rose is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of these securities. As a result of certain contractual rights, the reporting persons may be deemed to be a director by deputization with respect to the Issuer.
F5 Represents shares held by MKR 2022 Grantor Retained Annuity Trust, of which Mr. Rose is the trustee and beneficiary. Mr. Rose states that neither the filing of this statement nor anything herein shall be deemed an admission that Mr. Rose is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of these securities.