Kevin G. Shiell - 18 Jul 2025 Form 4 Insider Report for Idaho Strategic Resources, Inc. (IDR)

Role
Director
Signature
/s/ Kevin Shiell
Issuer symbol
IDR
Transactions as of
18 Jul 2025
Net transactions value
-$0.02
Form type
4
Filing time
21 Jul 2025, 18:15:15 UTC
Previous filing
23 May 2025
Next filing
11 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shiell Kevin G Director 201 N 3RD ST, COEUR D'ALENE /s/ Kevin Shiell 21 Jul 2025 0001512554

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDR Common Stock Options Exercise $15,750 +3,000 +6.3% $5.25 50,867 18 Jul 2025 Direct F1
transaction IDR Common Stock Tax liability $15,749 -874 -1.7% $18.02 49,993 18 Jul 2025 Direct F1
transaction IDR Common Stock Options Exercise $35,625 +7,500 +15% $4.75 57,493 18 Jul 2025 Direct F2
transaction IDR Common Stock Tax liability $35,626 -1,977 -3.4% $18.02 55,516 18 Jul 2025 Direct F2

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 IDR Stock Options Options Exercise $0 -3,000 -15% $0.000000 17,500 18 Jul 2025 Common Stock 3,000 $5.25 Direct F1
transaction IDR Stock Options Options Exercise $0 -7,500 -43% $0.000000 10,000 18 Jul 2025 Common Stock 7,500 $4.75 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 874 stock options retired by issuer at the market price of $18.02 per share less an exercise price of $5.25 per share to fund the cashless exercise of 3,000 stock options owned by the Reporting Person pursuant the the Issuer's 2014 Equity Incentive Plan.
F2 Reflects 1,977 stock options retired by issuer at the market price of $18.02 per share less an exercise price of $4.75 per share to fund the cashless exercise of 7,500 stock options owned by the Reporting Person pursuant the the Issuer's 2014 Equity Incentive Plan.

Remarks:

The transactions reported above in Table I reflect the cashless exercise of stock options. The cashless exercise for each set of options is reported in two lines. The first line of the cashless exercise transaction is coded M in column 3 of Table I and reports in column 4 the number of shares issuable upon exercise of the options had cash been paid to exercise the options, together with the exercise price with code A for acquired. The line coded F in column 3 of Table I relates to the same cashless exercise on the preceding line and reports in column 4 the number of shares deducted from the total number of shares issuable to pay for the cashless exercise of such options with code D for disposed. The transactions reported in Table II above, reflect the disposition of the same stock options whose cashless exercise is disclosed in Table I above.