Donald Taylor - Aug 30, 2021 Form 4 Insider Report for AUGUSTA GOLD CORP. (AUGG)

Role
President and CEO, Director
Signature
/s/ Purni Parikh as attorney-in-fact for Donald Richard Taylor
Stock symbol
AUGG
Transactions as of
Aug 30, 2021
Transactions value $
$0
Form type
4
Date filed
10/3/2022, 07:24 PM
Next filing
Feb 28, 2022

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 AUGG Employee Stock Option (Right to Buy) Award $0 +500K $0.00 500K Aug 30, 2021 Common Shares 500K $2.38 Direct F1, F2
transaction AUGG Employee Stock Option (Right to Buy) Disposed to Issuer -500K -100% 0 Sep 29, 2022 Common Shares 500K $2.38 Direct F1, F2, F3
transaction AUGG Employee Stock Option (Right to Buy) Award +500K 500K Sep 29, 2022 Common Shares 500K $1.55 Direct F2, F3, F4
transaction AUGG Director Stock Option (Right to Buy) Disposed to Issuer -350K -100% 0 Sep 29, 2022 Common Shares 350K $2.38 Direct F1, F5
transaction AUGG Director Stock Option (Right to Buy) Award +350K 350K Sep 29, 2022 Common Shares 350K $1.55 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Converted from the Canadian exercise price of C$3.00 using an exchange rate of C$1.2613 = US$1.00.
F2 Vests in three equal annual installments commencing on August 30, 2022.
F3 The two reported transactions involved an amendment of an outstanding option, resulting in the cancellation of the "old" option and the grant of a replacement option.
F4 Converted from the Canadian exercise price of C$2.00 using an exchange rate of C$1.2934 = US$1.00.
F5 The two reported transactions involved an amendment of an outstanding option, resulting in the cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 22, 2021 and vests in two equal annual installments commencing on February 22, 2022.