-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TjxF+F2BfDKGO8HGyfmf472POfo64PZ1z/ptZ3ZsOIaLapdvqTiw8UKztS182Pum nOeUh8l1XO0OJ6TnXAU8hg== 0001014940-99-000001.txt : 19990217 0001014940-99-000001.hdr.sgml : 19990217 ACCESSION NUMBER: 0001014940-99-000001 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19981231 FILED AS OF DATE: 19990216 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GOLD RESERVE CORP CENTRAL INDEX KEY: 0000042119 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 810266636 STATE OF INCORPORATION: MT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 5 SEC ACT: SEC FILE NUMBER: 001-08372 FILM NUMBER: 99538772 BUSINESS ADDRESS: STREET 1: 1940 SEAFIRST FINANCIAL CENTER CITY: SPOKANE STATE: WA ZIP: 99201 BUSINESS PHONE: 5096231500 MAIL ADDRESS: STREET 1: 1940 SEAFIRST FINANCIAL CENTER CITY: SPOKANE STATE: WA ZIP: 99201 COMPANY DATA: COMPANY CONFORMED NAME: MCGUINNESS ROBERT A CENTRAL INDEX KEY: 0001014940 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER FILING VALUES: FORM TYPE: 5 BUSINESS ADDRESS: STREET 1: 1940 SEAFIRST FINANCIAL CENTER CITY: SPOKANE STATE: WA ZIP: 99201 BUSINESS PHONE: 5096231500 MAIL ADDRESS: STREET 1: C/O GOLD RESERVE CORP STREET 2: 1940 SEAFIRST FINANCIAL CENTER CITY: SPOKANE STATE: WA ZIP: 99201 5 1 FORM 5 - 12/31/98 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). ( ) Form 3 Holdings Reported ( ) Form 4 Transactions Reported 1. Name and Address of Reporting Person McGuinness, Robert A 1940 Seafirst Financial Center Spokane, WA 99201 USA 2. Issuer Name and Ticker or Trading Symbol Gold Reserve Corporation GLDR 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year 12/31/98 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Vice President Finance - CFO 7. Individual or Joint/Group Reporting (Check Applicable Line) ( ) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | |Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership | |Date |Code| | Beneficially |(D)or | | | | | | A/| | Owned at |Indir | | | | | Amount | D | Price | End of Year |ect(I)| | ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity | | | Amount | |ble | | | |Year |(I)| | ___________________________________________________________________________________________________________________________________| Stock Options |$5.38 |3/18/|D(1)|37,502 |D |12/29|12/29|Common Stock|37,502 | |0 | | | | |98 | | | |/95 |/05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$3.75 |3/18/|A |37,502 |A |3/18/|3/18/|Common Stock|37,502 | |37,502 | | | | |98 | | | |98* |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$13.51 |3/18/|D(1)|4,170 |D |10/2/|10/2/|Common Stock|4,170 | |0 | | | | |98 | | | |96 |06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$3.75 |3/18/|A |4,170 |A |3/18/|3/18/|Common Stock|4,170 | |4,170 | | | | |98 | | | |98* |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$7.06 |3/18/|D(1)|32,220 |D |1/18/|1/18/|Common Stock|32,220 | |0 | | | | |98 | | | |95 |05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$3.75 |3/18/|A |32,220 |A |3/18/|3/18/|Common Stock|32,220 | |32,220 | | | | |98 | | | |98* |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$7.06 |3/18/|D(1)|8,485 |D |5/22/|5/22/|Common Stock|8,485 | |0 | | | | |98 | | | |95 |95 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$3.75 |3/18/|A |8,485 |A |3/18/|3/18/|Common Stock|8,485 | |8,485 | | | | |98 | | | |98* |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$5.38 |3/18/|D(1)|12,498 |D |12/29|12/29|Common Stock|12,498 | |0 | | | | |98 | | | |/95 |/05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$3.75 |3/18/|A |12,498 |A |3/18/|3/18/|Common Stock|12,498 | |12,498 | | | | |98 | | | |98 |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$7.56 |3/18/|D(1)|8,500 |D |1/31/|1/31/|Common Stock|8,500 | |0 | | | | |98 | | | |97 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$3.75 |3/18/|A |8,500 |A |3/18/|3/18/|Common Stock|8,500 | |8,500 | | | | |98 | | | |98* |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$7.56 |3/18/|D(1)|30,000 |D |1/31/|1/31/|Common Stock|30,000 | |0 | | | | |98 | | | |97 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$3.75 |3/18/|A |30,000 |A |3/18/|3/18/|Common Stock|30,000 | |30,000 | | | | |98 | | | |98* |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$6.00 |3/18/|D(1)|30,000 |D |8/1/9|8/1/0|Common Stock|30,000 | |0 | | | | |98 | | | |7 |7 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$3.75 |3/18/|A |30,000 |A |3/18/|3/18/|Common Stock|30,000 | |30,000 | | | | |98 | | | |98* |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$13.51 |3/18/|D(1)|8,330 |D |10/2/|10/2/|Common Stock|8,330 | |0 | | | | |98 | | | |96 |06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$3.75 |3/18/|A |8,330 |A |318/9|3/18/|Common Stock|8,330 | |8,330 | | | | |98 | | | |8* |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$7.56 |3/18/|D(1)|21,500 |D |1/31/|1/31/|Common Stock|21,500 | |0 | | | | |98 | | | |97 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$3.75 |3/18/|A |21,500 |A |3/18/|1/31/|Common Stock|21,500 | |21,500 | | | | |98 | | | |98* |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$6.00 |3/18/|D(1)|15,000 |D |8/17/|8/17/|Common Stock|15,000 | |0 | | | | |98 | | | |94 |04 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Stock Options |$3.75 |3/18/|A |15,000 |A |3/18/|3/18/|Common Stock|15,000 | |15,000 | | | | |98 | | | |98* |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) Cancellation of options in connection with grant of replacement options. * Vesting: Of the amount previously vested, 75% vest immediately, 12.5% vest in one year, 12.5% vest in two years. The amount unvested before replacement remain on the same vesting schedule as previously reported. -----END PRIVACY-ENHANCED MESSAGE-----