Gerald Aberle - Sep 2, 2022 Form 4 Insider Report for Dakota Gold Corp. (DC)

Signature
/s/ Daniel Cherniak, as attorney-in-fact for Gerald Michael Aberle
Stock symbol
DC
Transactions as of
Sep 2, 2022
Transactions value $
$0
Form type
4
Date filed
9/7/2022, 04:58 PM
Previous filing
Jun 13, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DC Common Stock Award $0 +29.1K +0.69% $0.00 4.21M Sep 2, 2022 Direct F1

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 DC Stock Options Award $0 +122K $0.00 122K Sep 2, 2022 Common Stock 122K $3.01 Direct F2
transaction DC Performance Share Units Award $0 +29.3K $0.00 29.3K Sep 2, 2022 Common Stock 29.3K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSU"). Each RSU represents a contingent right to receive one share of Dakota Gold Corp. common stock. The RSUs are scheduled to vest in three equal tranches on May 11, 2023, May 11, 2024 and May 11, 2025.
F2 The options are scheduled to vest in three equal tranches on May 11, 2023, May 11, 2024 and May 11, 2025.
F3 Each performance share unit ("PSU") represents a contingent right to receive one share of Dakota Gold Corp. common stock, which can vest between 50% - 200% of the target number of shares, based on relative total stockholder return of Dakota Gold Corp. as compared to the MVIS Global Junior Gold Miners Index. The PSUs are scheduled to vest in three equal tranches on May 11, 2023, May 11, 2024 and May 11, 2025.