0001493152-20-018109.txt : 20200921
0001493152-20-018109.hdr.sgml : 20200921
20200921210855
ACCESSION NUMBER: 0001493152-20-018109
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200917
FILED AS OF DATE: 20200921
DATE AS OF CHANGE: 20200921
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Karr Edward M
CENTRAL INDEX KEY: 0001562138
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08266
FILM NUMBER: 201187651
MAIL ADDRESS:
STREET 1: RAMPARTNERS
STREET 2: 19 BLVD GEORGES-FAVON
CITY: GENEVA
STATE: V8
ZIP: 1204
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
2020-09-17
0
0000027093
U.S. GOLD CORP.
USAU
0001562138
Karr Edward M
C/O U.S. GOLD CORPORATION
1910 E. IDAHO STREET, SUITE 102-BOX 604
ELKO
NV
89801
1
1
0
0
President and CEO
Common Stock
2020-09-17
4
A
0
30107
0
A
184292
D
Stock Option (Right to Buy)
14.70
2020-09-17
4
D
0
50000
D
2022-12-22
Common Stock
50000
0
D
Stock Option (Right to Buy)
14.70
2020-09-17
4
A
0
50000
A
2022-12-22
Common Stock
50000
50000
D
Represents restricted shares of common stock awarded to the reporting person on September 17, 2020. Such shares vested immediately upon grant.
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 12,500 options that otherwise would not vest due to the reporting person's relinquishment of his role as CEO of the Issuer prior to the vesting date. The post-termination exercise period was extended to December 22, 2022.
The securities and exercise prices reported in this Form 4 have been adjusted from the time of grant to reflect the Issuer's 1-for-10 reverse stock split effected on March 19, 2020.
/s/ Edward M. Karr
2020-09-21