Jonathan T. Awde - 02 Sep 2022 Form 4 Insider Report for Dakota Gold Corp. (DC)

Role: President & CEO, Director
Signature: /s/ Daniel Cherniak, as attorney-in-fact for Jonathan Awde
Issuer symbol: DC
Transactions as of: 02 Sep 2022
Net transactions value: $0
Form type: 4
Filing time: 07 Sep 2022, 17:01:02 UTC
Previous filing: 06 Jun 2022
Next filing: 19 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DC	Common Stock	Award	$0	+33,223	+37%	$0.000000	123,411	02 Sep 2022	Direct	F1
holding	DC	Common Stock						82,786	02 Sep 2022	By GPO Holdings Corp.
holding	DC	Common Stock						5,772,091	02 Sep 2022	By JCTA Capital Management Corp.
holding	DC	Common Stock						180,377	02 Sep 2022	By spouse
holding	DC	Common Stock						216,453	02 Sep 2022	By trusts	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	+139,688		$0.000000	139,688	02 Sep 2022	Common Stock	139,688	$3.01	Direct	F2
transaction	DC	Performance Share Units	Award	$0	+33,435		$0.000000	33,435	02 Sep 2022	Common Stock	33,435		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.