Shawn Campbell - Mar 1, 2024 Form 4 Insider Report for Dakota Gold Corp. (DC)

Role
Chief Financial Officer
Signature
/s/ Daniel Cherniak, as attorney-in-fact for Shawn Campbell
Stock symbol
DC
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 03:48 PM
Previous filing
May 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DC Common Stock Options Exercise +5.46K +5.01% 115K Mar 1, 2024 Direct F1
transaction DC Common Stock Options Exercise +14K +12.18% 128K Mar 1, 2024 Direct F2
transaction DC Common Stock Award $0 +35.4K +27.54% $0.00 164K Mar 1, 2024 Direct F3
holding DC Common Stock 234K Mar 1, 2024 By spouse

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 -6.97K -50% $0.00 6.97K Mar 1, 2024 Common stock 6.97K Direct F1
transaction DC Performance Stock Units Options Exercise $0 -17.8K -33.33% $0.00 35.6K Mar 1, 2024 Common Stock 17.8K Direct F2
transaction DC Stock Options Award $0 +71.4K $0.00 71.4K Mar 1, 2024 Common Stock 71.4K $2.12 Direct F4
transaction DC Performance Share Units Award $0 +70.8K $0.00 70.8K Mar 1, 2024 Common Stock 70.8K Direct F5
* 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 20,897 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 5,461 shares of Common Stock.
F2 The Reporting Person was previously granted 53,381 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 13,950 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 The options are scheduled to vest in three equal tranches on March 1, 2025, March 1, 2026 and March 1, 2027.
F5 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.