Eric Alexander - 27 Dec 2024 Form 4 Insider Report for U.S. GOLD CORP. (USAU)

Role: Chief Financial Officer
Signature: /s/ Eric Alexander
Issuer symbol: USAU
Transactions as of: 27 Dec 2024
Net transactions value: $0
Form type: 4
Filing time: 31 Dec 2024, 19:28:15 UTC
Previous filing: 17 Jan 2023
Next filing: 23 Jan 2026
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USAU	Common Stock	Award	$0	+20,645	+30%	$0.000000	89,371	27 Dec 2024	Direct	F1, F2
transaction	USAU	Common Stock	Award	$0	+14,337	+16%	$0.000000	103,708	27 Dec 2024	Direct	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	Stock Options	Award	$0	-21,215	-50%	$0.000000	21,215	27 Dec 2024	Common Stock	21,215	$7.65	Direct	F1, F4
transaction	USAU	Stock Options	Award	$0	-22,099	-50%	$0.000000	22,099	27 Dec 2024	Common Stock	22,099	$7.65	Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities reported in this Form 4 were approved by the Board of Directors of U.S. Gold Corp. (the "Company") on November 25, 2024. However, the Company did not issue the securities until the respective award agreements were executed on December 27, 2024.
F2	Represents restricted stock units granted to the reporting person pursuant to the U.S. Gold Corp. Amended and Restated 2020 Stock Incentive Plan. The restricted stock units vested immediately on the date of grant.
F3	Represents restricted stock units granted to the reporting person pursuant to the U.S. Gold Corp. Amended and Restated 2020 Stock Incentive Plan. The restricted stock units vested 25% upon the date of grant and shall vest 25% every six months thereafter until fully vested.
F4	Represents options granted to the reporting person pursuant to the U.S. Gold Corp. Amended and Restated 2020 Stock Incentive Plan. The options vested immediately on the date of grant.
F5	Represents options granted to the reporting person pursuant to the U.S. Gold Corp. Amended and Restated 2020 Stock Incentive Plan. The options vested 25% upon the date of grant and shall vest 25% every six months thereafter until fully vested.