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

Role
Chief Operating Officer, Director
Signature
s/ Daniel Cherniak, as attorney-in-fact for Gerald Michael Aberle
Stock symbol
DC
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 04:01 PM
Previous filing
Jan 24, 2024
Next filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DC Common Stock Options Exercise +7.65K +0.18% 4.28M Mar 1, 2024 Direct F1
transaction DC Common Stock Options Exercise +18.6K +0.43% 4.3M Mar 1, 2024 Direct F2
transaction DC Common Stock Award $0 +47.2K +1.1% $0.00 4.35M Mar 1, 2024 Direct F3

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 -9.75K -50% $0.00 9.75K Mar 1, 2024 Common Stock 9.75K Direct F1
transaction DC Performance Stock Units Options Exercise $0 -23.7K -33.33% $0.00 47.5K Mar 1, 2024 Common Stock 23.7K Direct F2
transaction DC Stock Options Award $0 +95.1K $0.00 95.1K Mar 1, 2024 Common Stock 95.1K $2.12 Direct F4
transaction DC Performance Share Units Award $0 +94.3K $0.00 94.3K Mar 1, 2024 Common Stock 94.3K 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 29,255 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 7,645 shares of Common Stock.
F2 The Reporting Person was previously granted 71,174 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 18,600 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.