Michael N. Waldkirch - 16 Feb 2022 Form 4 Insider Report for U.S. GOLD CORP. (USAU)

Role
Director
Signature
/s/ Eric Alexander as attorney-in-fact for Michael N. Waldkirch
Issuer symbol
USAU
Transactions as of
16 Feb 2022
Net transactions value
+$7,501
Form type
4
Filing time
18 Feb 2022, 15:50:55 UTC
Previous filing
26 Jan 2022
Next filing
17 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAU Common Stock Purchase $7,501 +1,154 +9.3% $6.50 13,563 16 Feb 2022 By 0820659 B.C. Ltd. F1, 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 USAU Warrant Purchase $0 +577 $0.000000 577 16 Feb 2022 Common Stock 577 $8.00 By 0820659 B.C. Ltd. F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the common stock of U.S. Gold Corp. acquired by the reporting person in a registered direct offering on February 16, 2022, at a price of $6.50 per share.
F2 Represents the warrant of U.S. Gold Corp. acquired by the reporting person in a registered direct offering on February 16, 2022. The warrant will be exercisable immediately following issuance, at an exercise price of $8.00 per share and will expire five years from the date such warrant first becomes exercisable.
F3 0820659 B.C. Ltd. is 75% owned by the reporting person.