Rick Van Nieuwenhuyse - Jan 8, 2024 Form 4 Insider Report for Contango ORE, Inc. (CTGO)

Role
President and CEO, Director
Signature
/s/ Mike Clark as Attorney in Fact for Rick Van Nieuwenhuyse
Stock symbol
CTGO
Transactions as of
Jan 8, 2024
Transactions value $
-$17,308
Form type
4
Date filed
1/10/2024, 05:33 PM
Previous filing
Jan 4, 2024
Next filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTGO Common Stock, par value $0.01 Award $0 +47K +10.26% $0.00 505K Jan 8, 2024 Direct F1
transaction CTGO Common Stock, par value $0.01 Sale -$17.3K -1.06K -0.21% $16.39 504K Jan 9, 2024 Direct F2

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
holding CTGO Stock Option (right to buy) 100K Jan 8, 2024 Common Stock 100K $14.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 8, 2024, the Company issued 47,000 shares of restricted stock to the reporting person with a vesting date of January 8, 2026.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.35 to $16.50, inclusive. The reporting person sold these shares for the purpose of covering tax owing related to the vesting of restricted stock. The reporting person undertakes to provide to Contango ORE, Inc., any security holder of Contango ORE, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4
F3 The stock options are fully vested.