James McCoy Berry - 18 Oct 2021 Form 4 Insider Report for DAKOTA TERRITORY RESOURCE CORP

Role
Vice-President of Exploration
Signature
/s/ Daniel Cherniak, as attorney-in-fact for James McCoy Berry
Issuer symbol
N/A
Transactions as of
18 Oct 2021
Net transactions value
$0
Form type
4
Filing time
04 Nov 2021, 14:07:59 UTC
Next filing
04 Apr 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DTRC Stock Option (Right to Buy) Award $0 +300,000 $0.000000 300,000 18 Oct 2021 Common Stock 300,000 $4.60 Direct F1
transaction DTRC Restricted Stock Units Award $0 +125,000 $0.000000 125,000 18 Oct 2021 Common Stock 125,000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest one third immediately, one third on the first anniversary of the date of grant and one third on the second anniversary of the date of grant.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer's common stock. RSUs vest June 4, 2022.