Matthew K. Rose - Oct 18, 2024 Form 4 Insider Report for DYNARESOURCE INC (DYNR)

Signature
By: /s/ Matthew K. Rose
Stock symbol
DYNR
Transactions as of
Oct 18, 2024
Transactions value $
$1,554,800
Form type
4
Date filed
10/22/2024, 08:16 PM
Previous filing
Aug 2, 2024
Next filing
Nov 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DYNR Common Stock Purchase $1.55M +1.5M +191.56% $1.04 2.28M Oct 18, 2024 By Golden Post Rail, LLC F1, F2, F3
holding DYNR Common Stock 736K Oct 18, 2024 Direct F2, F4
holding DYNR Common Stock 1.76M Oct 18, 2024 By MKR 2022 Grantor Retained Annuity Trust F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares reported includes 125,054 shares issued to Golden Post Rail, LLC ("Golden Post") pursuant to certain anti-dilution protections.
F2 The reporting persons may be deemed to be a member of a group with respect to DynaResource, Inc. (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 Matthew K. Rose is the Manager, President, Secretary and Treasurer of 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.
F4 Represents the number of shares held following the transfer by MKR 2022 Grantor Retained Annuity Trust ("MKR GRAT") of 245,000 shares to Mr. Rose in satisfaction of an annuity payment, which represents a change in the form of beneficial ownership and was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
F5 Represents shares held by MKR GRAT, 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.