Kevin A. Francis - Dec 27, 2024 Form 4 Insider Report for U.S. GOLD CORP. (USAU)

Role
VP - Exploration
Signature
/s/ Eric Alexander as attorney-in-fact for Kevin A. Francis
Stock symbol
USAU
Transactions as of
Dec 27, 2024
Transactions value $
$0
Form type
4
Date filed
12/31/2024, 07:28 PM
Previous filing
Nov 6, 2024
Next filing
Jan 6, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USAU Common Stock Award $0 +14.2K +70.61% $0.00 34.3K Dec 27, 2024 Direct F1, F2
transaction USAU Common Stock Award $0 +9.41K +27.43% $0.00 43.7K Dec 27, 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 -14.6K -50% $0.00 14.6K Dec 27, 2024 Common Stock 14.6K $7.65 Direct F1, F4
transaction USAU Stock Options Award $0 -14.5K -50% $0.00 14.5K Dec 27, 2024 Common Stock 14.5K $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.