Jonathan T. Awde - Mar 1, 2024 Form 4 Insider Report for Dakota Gold Corp. (DC)

Role
President & CEO, Director
Signature
/s/ Daniel Cherniak, as attorney-in-fact for Jonathan T. Awde
Stock symbol
DC
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 03:44 PM
Previous filing
Jun 14, 2023
Next filing
Jul 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DC Common Stock Options Exercise +8.74K +5.39% 171K Mar 1, 2024 Direct F1
transaction DC Common Stock Options Exercise +20.9K +12.26% 192K Mar 1, 2024 Direct F2
transaction DC Common Stock Award $0 +53.1K +27.69% $0.00 245K Mar 1, 2024 Direct F3
holding DC Common Stock 5.35M Mar 1, 2024 By JCTA Capital Management Corp. F4
holding DC Common Stock 82.8K Mar 1, 2024 By GPO Holdings Corp. F4
holding DC Common Stock 180K Mar 1, 2024 By spouse
holding DC Common Stock 216K Mar 1, 2024 By trusts F5

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 Performance Stock Units Options Exercise $0 -11.1K -50% $0.00 11.1K Mar 1, 2024 Common Stock 11.1K Direct F1
transaction DC Performance Stock Units Options Exercise $0 -26.7K -33.33% $0.00 53.4K Mar 1, 2024 Common Stock 26.7K Direct F2
transaction DC Stock Options Award $0 +107K $0.00 107K Mar 1, 2024 Common Stock 107K $2.12 Direct F6
transaction DC Performance Share Units Award $0 +106K $0.00 106K Mar 1, 2024 Common Stock 106K Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was previously granted 33,435 performance stock units ("PSUs"), which can vest between 0% - 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. One third of such PSUs vested in 2024 at 78% of the target number of shares, were settled on March 1, 2024 and were converted into 8,738 shares of Common Stock.
F2 The Reporting Person was previously granted 80,071 performance stock units ("PSUs"), which can vest between 0% - 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. One third of such PSUs vested in 2024 at 78% of the target number of shares, were settled on March 1, 2024 and were converted into 20,926 shares of Common Stock.
F3 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 March 1, 2025, March 1, 2026 and March 1, 2027.
F4 Entity is 100% owned by the Reporting Person.
F5 Reflects securities held by trusts for the benefit of the Reporting Person's children.
F6 The options are scheduled to vest in three equal tranches on March 1, 2025, March 1, 2026 and March 1, 2027.
F7 Each PSU represents a contingent right to receive one share of Dakota Gold Corp. common stock, which can vest between 0% - 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 in 2025, 2026 and 2027.