Ronald W. Largent - 18 Jan 2022 Form 4 Insider Report for Corvus Gold ULC

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
19 Jan 2022, 14:58:38 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Marla Ritchie as attorney-in-fact for Ronald Largent

Key filing fact

Ronald W. Largent filed Form 4 for Corvus Gold ULC on 19 Jan 2022.

Key facts

  • This page summarizes Ronald W. Largent's Form 4 filing for Corvus Gold ULC.
  • 6 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 19 Jan 2022, 14:58.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KOR transaction

Common Shares

Disposed to Issuer

Transaction value
Shares
-175,000
Change %
-100%
Price
Shares after
0
Date
18 Jan 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KOR transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-300,000
Change %
-100%
Price
Shares after
0
Date
18 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
300,000
Exercise price
$2.41
Footnotes
F2, F3, F4
KOR transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-150,000
Change %
-100%
Price
Shares after
0
Date
18 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
150,000
Exercise price
$1.57
Footnotes
F4, F5, F6
KOR transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-75,000
Change %
-100%
Price
Shares after
0
Date
18 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
75,000
Exercise price
$1.64
Footnotes
F4, F7, F8
KOR transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-400,000
Change %
-100%
Price
Shares after
0
Date
18 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
400,000
Exercise price
$1.53
Footnotes
F4, F9, F10
KOR transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-250,000
Change %
-100%
Price
Shares after
0
Date
18 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
250,000
Exercise price
$1.56
Footnotes
F4, F11, F12
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Ronald W. Largent is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 12 footnotes

Footnote F1

Disposed of pursuant to the Arrangement Agreement and Plan of Arrangement by and between the issuer (formerly known as Corvus Gold Inc.), 1323606 B.C. Unlimited Liability Company (the "Purchaser") and AngloGold Ashanti Holdings plc (the "Guarantor") dated September 13, 2021 (the "Arrangement"), which was consummated on January 18, 2022, and pursuant to which the Purchaser acquired all of the outstanding common shares of the issuer (other than those owned by the Purchaser and its affiliates) in exchange for cash consideration of C$4.10 per share.

Footnote F2

As previously reported, exercise price reported above was converted from the Canadian exercise price of C$3.05 using an exchange rate of C$1.2654 = US$1.00.

Footnote F3

Options were granted on January 15, 2021, and vest as follows: One-third on January 15, 2022; one-third on January 15, 2023; and one-third on January 15, 2024.

Footnote F4

In connection with the Arrangement, all outstanding options to purchase common shares of the issuer as of immediately prior to the effective time of the Arrangement, were deemed unconditionally vested and exercisable, and subsequently cancelled in exchange for cash payment equal to the difference between the per share consideration of C$4.10 and the per share exercise price of such option multiplied by the number of common shares issuable pursuant to such option, less applicable withholdings.

Footnote F5

As previously reported, the exercise price reported above was converted from the Canadian exercise price of C$2.09 using an exchange rate of C$1.3275=US$1.00.

Footnote F6

Options were granted on February 3, 2020 and vest as follows: one-third on February 3, 2021, one-third on February 3, 2022 and one-third on February 3, 2023.

Footnote F7

As previously reported, the exercise price reported above was converted from the Canadian exercise price of C$2.18 using an exchange rate of C$1.3324=US$1.00.

Footnote F8

Options were granted on June 13, 2019 and vest as follows: one-third on June 13, 2020, one-third on June 13, 2021 and one-third on June 13, 2021.

Footnote F9

As previously reported, the exercise price was converted from the Canadian price of C$2.04 to USD using an exchange rate of C$1.3316=US$1.00.

Footnote F10

Options were granted on April 9, 2019 and vest as follows: one-third on April 9, 2020, one-third on April 9, 2021 and one-third on April 9, 2022.

Footnote F11

As previously reported, the exercise price was converted from Canadian exercise price of C$2.06 using an exchange rate of C$1.3182 = US$1.00.

Footnote F12

Options were granted on November 19, 2018 and vest as follows: one-third on November 19, 2019, one-third on November 19, 2020 and one-third on November 19, 2021.

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