Shawn Campbell - 01 Mar 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
Issuer symbol: DC
Transactions as of: 01 Mar 2024
Net transactions value: $0
Form type: 4
Filing time: 05 Mar 2024, 15:48:02 UTC
Previous filing: 12 May 2023
Next filing: 05 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DC	Common Stock	Options Exercise		+5,461	+5%		114,511	01 Mar 2024	Direct	F1
transaction	DC	Common Stock	Options Exercise		+13,950	+12%		128,461	01 Mar 2024	Direct	F2
transaction	DC	Common Stock	Award	$0	+35,377	+28%	$0.000000	163,838	01 Mar 2024	Direct	F3
holding	DC	Common Stock						234,491	01 Mar 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	-6,965	-50%	$0.000000	6,966	01 Mar 2024	Common stock	6,965		Direct	F1
transaction	DC	Performance Stock Units	Options Exercise	$0	-17,793	-33%	$0.000000	35,588	01 Mar 2024	Common Stock	17,793		Direct	F2
transaction	DC	Stock Options	Award	$0	+71,355		$0.000000	71,355	01 Mar 2024	Common Stock	71,355	$2.12	Direct	F4
transaction	DC	Performance Share Units	Award	$0	+70,755		$0.000000	70,755	01 Mar 2024	Common Stock	70,755		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.