James McCoy Berry - Sep 2, 2022 Form 4 Insider Report for Dakota Gold Corp. (DC)

Role
Vice-President of Exploration
Signature
/s/ Daniel Cherniak, as attorney-in-fact for James McCoy Berry 09/07/2022
Stock symbol
DC
Transactions as of
Sep 2, 2022
Transactions value $
$0
Form type
4
Date filed
9/7/2022, 05:03 PM
Previous filing
Jun 7, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DC Common Stock Award $0 +29.1K +23.26% $0.00 154K 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.