Richard S. Beaven - 21 Jul 2025 Form 4 Insider Report for Idaho Strategic Resources, Inc. (IDR)

Role
Director
Signature
/s/ Richard S. Beaven
Issuer symbol
IDR
Transactions as of
21 Jul 2025
Net transactions value
+$23,744
Form type
4
Filing time
22 Jul 2025, 19:43:18 UTC
Previous filing
16 Jan 2025
Next filing
18 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Beaven Richard Scott Director 201 N 3RD ST, COEUR D'ALENE /s/ Richard S. Beaven 23 Jul 2025 0001906533

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDR Common Stock Options Exercise $23,750 +5,000 +125% $4.75 9,000 21 Jul 2025 Direct F1
transaction IDR Common Stock Options Exercise $11,875 +2,500 +28% $4.75 11,500 21 Jul 2025 Direct F2
transaction IDR Common Stock Tax liability $11,875 -566 -4.9% $20.98 10,934 21 Jul 2025 Direct F2
transaction IDR Common Stock Options Exercise $15,750 +3,000 +27% $5.25 13,934 21 Jul 2025 Direct F3
transaction IDR Common Stock Tax liability $15,756 -751 -5.4% $20.98 13,183 21 Jul 2025 Direct 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 IDR Stock Options Options Exercise $0 -7,500 -37% $0.000000 13,000 21 Jul 2025 Common Stock 7,500 $4.75 Direct F1, F2
transaction IDR Stock Options Options Exercise $0 -3,000 -23% $0.000000 10,000 21 Jul 2025 Common Stock 3,000 $5.25 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person exercised 5,000 stock options with and exercise price of $4.75. This is a partial exercise of the full grant of 7,500 stock options on 9/28/2022 pursuant to the Issuer's 2014 Equity Incentive Plan. The remaining 2,500 stock options were exercised cashless at the same time.
F2 Reflects 566 stock options retired by the Issuer at the market price of $20.98 per share, less an exercise price of $4.75 per share to fund the cashless exercise of 2,500 stock options owned by the Reporting Person pursuant to the Issuer's 2014 Equity Incentive Plan.
F3 Reflects 751 stock options retired by the Issuer at the market price of $20.98 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 to the Issuer's 2014 Equity Incentive Plan.

Remarks:

With the exception of the first transaction in Table 1 above, which was a cash exercise of stock options, the transactions reported 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.