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

Signature
/s/ Purni Parikh as attorney-in-fact for Donald Richard Taylor
Issuer symbol
AUGG
Transactions as of
30 Aug 2021
Net transactions value
$0
Form type
4
Filing time
03 Oct 2022, 19:24:58 UTC
Next filing
28 Feb 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 +500,000 $0.000000 500,000 30 Aug 2021 Common Shares 500,000 $2.38 Direct F1, F2
transaction AUGG Employee Stock Option (Right to Buy) Disposed to Issuer -500,000 -100% 0 29 Sep 2022 Common Shares 500,000 $2.38 Direct F1, F2, F3
transaction AUGG Employee Stock Option (Right to Buy) Award +500,000 500,000 29 Sep 2022 Common Shares 500,000 $1.55 Direct F2, F3, F4
transaction AUGG Director Stock Option (Right to Buy) Disposed to Issuer -350,000 -100% 0 29 Sep 2022 Common Shares 350,000 $2.38 Direct F1, F5
transaction AUGG Director Stock Option (Right to Buy) Award +350,000 350,000 29 Sep 2022 Common Shares 350,000 $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.