0001493152-20-018042.txt : 20200918
0001493152-20-018042.hdr.sgml : 20200918
20200918203531
ACCESSION NUMBER: 0001493152-20-018042
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200916
FILED AS OF DATE: 20200918
DATE AS OF CHANGE: 20200918
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: RECTOR DAVID
CENTRAL INDEX KEY: 0001167113
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08266
FILM NUMBER: 201185073
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: U.S. GOLD CORP.
CENTRAL INDEX KEY: 0000027093
STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000]
IRS NUMBER: 221831409
STATE OF INCORPORATION: NV
FISCAL YEAR END: 0430
BUSINESS ADDRESS:
STREET 1: SUITE 102 - BOX 604
STREET 2: 1910 E IDAHO STREET
CITY: ELKO
STATE: NV
ZIP: 89801
BUSINESS PHONE: 6097990071
MAIL ADDRESS:
STREET 1: SUITE 102 - BOX 604
STREET 2: 1910 E IDAHO STREET
CITY: ELKO
STATE: NV
ZIP: 89801
FORMER COMPANY:
FORMER CONFORMED NAME: DATARAM CORP
DATE OF NAME CHANGE: 19920703
4
1
ownership.xml
X0306
4
2020-09-16
0
0000027093
U.S. GOLD CORP.
USAU
0001167113
RECTOR DAVID
C/O U.S. GOLD CORPORATION
1910 E. IDAHO STREET, SUITE 102-BOX 604
ELKO
NV
89801
0
1
0
0
COO, Corporate Secretary
Stock Option (Right to Buy)
14.70
2020-09-16
4
D
0
25000
D
2022-12-22
Common Stock
25000
0
D
Stock Option (Right to Buy)
14.70
2020-09-16
4
A
0
25000
A
2022-12-22
Common Stock
25000
25000
D
The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on December 22, 2017 and provided for one-quarter vesting on December 22, 2017 and the remaining three-quarters to vest in equal yearly installments over a three-year period. Vesting was accelerated for 6,250 options that otherwise would not vest due to the reporting person's termination of employment with the Issuer prior to the vesting date. The post-termination exercise period was extended to December 22, 2022.
The securities and exercise prices shown have been adjusted from the time of grant to reflect the Issuer's 1-for-10 reverse stock split on March 17, 2020.
/s/ David Rector
2020-09-18