James McCoy Berry - Mar 1, 2025 Form 4 Insider Report for Dakota Gold Corp. (DC)

Role
VICE PRESIDENT OF EXPLORATION
Signature
/S/ SHAWN CAMBELL, BY POWER OF ATTORNEY
Stock symbol
DC
Transactions as of
Mar 1, 2025
Transactions value $
-$54,389
Form type
4
Date filed
3/5/2025, 07:56 PM
Previous filing
Jun 24, 2024
Next filing
Apr 28, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DC COMMON STOCK Options Exercise +6.76K +2.47% 281K Mar 1, 2025 Direct F1
transaction DC COMMON STOCK Tax liability -$5.71K -1.89K -0.67% $3.03 279K Mar 1, 2025 Direct F2
transaction DC COMMON STOCK Options Exercise +14.4K +5.17% 293K Mar 1, 2025 Direct F2, F3
transaction DC COMMON STOCK Tax liability -$12.2K -4.01K -1.37% $3.03 289K Mar 1, 2025 Direct F4
transaction DC COMMON STOCK Options Exercise +19.1K +6.6% 308K Mar 1, 2025 Direct F3, F5
transaction DC COMMON STOCK Tax liability -$16.1K -5.32K -1.73% $3.03 303K Mar 1, 2025 Direct F6
transaction DC COMMON STOCK Tax liability -$8.77K -2.89K -0.96% $3.03 300K Mar 1, 2025 Direct F7
transaction DC COMMON STOCK Tax liability -$11.6K -3.84K -1.28% $3.03 296K Mar 1, 2025 Direct F8
transaction DC COMMON STOCK Award $0 +5.22K +1.76% $0.00 301K Mar 1, 2025 Direct F9
transaction DC COMMON STOCK Award $0 +28.9K +9.59% $0.00 330K Mar 1, 2025 Direct F10

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 DC PERFORMANCE STOCK UNITS Options Exercise $0 +6.76K $0.00 0 Mar 1, 2025 COMMON STOCK 6.76K Direct F1
transaction DC PERFORMANCE STOCK UNITS Options Exercise $0 +14.4K +226.11% $0.00 20.8K Mar 1, 2025 COMMON STOCK 14.4K Direct F2, F3
transaction DC PERFORMANCE STOCK UNITS Options Exercise $0 +19.1K +53.07% $0.00 55K Mar 1, 2025 COMMON STOCK 19.1K Direct F3, F5
transaction DC PERFORMANCE STOCK UNITS Award $0 +57.8K $0.00 57.8K Mar 1, 2025 COMMON STOCK 57.8K Direct F4, F11
transaction DC STOCK OPTIONS Award $0 +58.5K $0.00 58.5K Mar 1, 2025 COMMON STOCK 58.5K $3.03 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was previously granted 29,255 performance stock units ("PSUs") on September 1, 2023, which can vest between 0% - 200% of the target number of shares, based on relative total stockholder return of the Issuer as compared to the MVIS Global Junior Gold Miners Index (the "MVIS Index"). One-third of such PSUs vested in 2024 at 69% of the target number of shares, were settled on March 1, 2025 and were converted into 6,762 shares of common stock. Upon settlement, 1,886 shares of common stock were withheld by the Issuer solely for the purpose of satisfying tax withholding obligations and the Reporting Person received 4,876 shares of common stock.
F2 Represents shares of common stock withheld by the Issuer solely for the purpose of satisfying tax withholding obligations in connection with the conversion of the vested PSUs into shares of common stock upon settlement by the Issuer, based on a closing price of $3.03 per share of the common stock on February 28, 2025 on the NYSE American.
F3 The Reporting Person was previously granted 29,255 PSUs on March 1, 2023, which can vest between 0% - 200% of the target number of shares, based on relative total stockholder return of the Issuer as compared to the MVIS. One-third of such PSUs vested in 2024 at 69% of the target number of shares, were settled on March 1, 2025 and were converted into 14,394 shares of common stock. Upon settlement, 4,014 shares of common stock were withheld by the Issuer solely for the purpose of satisfying tax withholding obligations and the Reporting Person received 10,380 shares of common stock.
F4 Represents shares of common stock withheld by the Issuer solely for the purpose of satisfying tax withholding obligations in connection with the conversion of the vested PSUs into shares of common stock upon settlement by the Issuer, based on a closing price of $3.03 per share of the common stock on February 28, 2025 on the NYSE American.
F5 The Reporting Person was previously granted 82,547 PSUs on March 1, 2024, which can vest between 0% - 200% of the target number of shares, based on relative total stockholder return of the Issuer as compared to the MVIS Index. One-third of such PSUs vested in 2024 at 69% of the target number of shares, were settled on March 1, 2025 and were converted into 19,079 shares of common stock. Upon settlement, 5,320 shares of common stock were withheld by the Issuer solely for the purpose of satisfying tax withholding obligations and the Reporting Person received 13,759 shares of common stock.
F6 Represents shares of common stock withheld by the Issuer solely for the purpose of satisfying tax withholding obligations in connection with the conversion of the vested PSUs into shares of common stock upon settlement by the Issuer, based on a closing price of $3.03 per share of the common stock on February 28, 2025 on the NYSE American.
F7 Represents shares of common stock withheld by the Issuer solely for the purpose of satisfying tax withholding obligations in connection with the conversion of the vested restricted stock units ("RSUs") into shares of common stock upon settlement by the Issuer, based on a closing price of $3.03 per share of the common stock on February 28, 2025 on the NYSE American.
F8 Represents shares of common stock withheld by the Issuer solely for the purpose of satisfying tax withholding obligations in connection with the conversion of the vested RSUs into shares of common stock upon settlement by the Issuer, based on a closing price of $3.03 per share of the common stock on February 28, 2025 on the NYSE American.
F9 Represents shares of common stock granted to the Reporting Person pursuant to the Issuers 2022 Stock Incentive Plan.
F10 Represents RSUs granted pursuant to the Issuer???s 2022 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer???s common stock. The RSUs are scheduled to vest in three equal tranches on March 1, 2026, March 1, 2027 and March 1, 2028.
F11 Each PSU represents a contingent right to receive one share of the Issuer???s common stock, which can vest between 0% - 200% of the target number of shares, based on relative total stockholder return of the Issuer as compared to the MVIS Index. The PSUs are scheduled to vest in three equal tranches in 2026, 2027 and 2028.
F12 The options are scheduled to vest in three equal tranches on March 1, 2026, March 1, 2027 and March 1, 2028.