JOHNNY PAPPAS - 16 Apr 2024 Form 4 Insider Report for AUGUSTA GOLD CORP. (AUGG)

Signature
/s/ Purni Parikh as attorney-in-fact for Johnny Pappas
Issuer symbol
AUGG
Transactions as of
16 Apr 2024
Net transactions value
$0
Form type
4
Filing time
18 Apr 2024, 17:43:27 UTC
Previous filing
03 Oct 2022
Next filing
23 Oct 2025

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 AUGG Employee Stock Option (Right to Buy) Award $0 +150,000 +67% $0.000000 375,000 16 Apr 2024 Common Shares 150,000 $0.8000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Converted from the Canadian exercise price of C$1.11 using an exchange rate of C$1.3821 = US$1.00.
F2 The options vest as follows: 1/3 on April 16, 2025, 1/3 on April 16, 2026, and 1/3 on April 16, 2027.