Shawn Campbell - 01 Mar 2025 Form 4 Insider Report for Dakota Gold Corp. (DC)

Signature
/S/ SHAWN CAMBELL
Issuer symbol
DC
Transactions as of
01 Mar 2025
Transactions value $
-$87,885
Form type
4
Filing time
05 Mar 2025, 20:13:48 UTC
Previous filing
05 Mar 2024
Next filing
28 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DC COMMON STOCK Options Exercise +4.83K +2.95% 169K 01 Mar 2025 Direct F1
transaction DC COMMON STOCK Tax liability -$7.83K -2.59K -1.53% $3.03 166K 01 Mar 2025 Direct F2
transaction DC COMMON STOCK Options Exercise +12.3K +7.43% 178K 01 Mar 2025 Direct F2, F3
transaction DC COMMON STOCK Tax liability -$20K -6.6K -3.7% $3.03 172K 01 Mar 2025 Direct F4
transaction DC COMMON STOCK Options Exercise +16.4K +9.52% 188K 01 Mar 2025 Direct F3, F5
transaction DC COMMON STOCK Tax liability -$26.5K -8.75K -4.65% $3.03 179K 01 Mar 2025 Direct F6
transaction DC COMMON STOCK Tax liability -$14.4K -4.76K -2.65% $3.03 175K 01 Mar 2025 Direct F7
transaction DC COMMON STOCK Tax liability -$19.1K -6.31K -3.61% $3.03 168K 01 Mar 2025 Direct F8
transaction DC COMMON STOCK Award $0 +3.45K +2.05% $0.00 172K 01 Mar 2025 Direct F9
transaction DC COMMON STOCK Award $0 +24.8K +14.41% $0.00 197K 01 Mar 2025 Direct F10
holding DC COMMON STOCK 234K 01 Mar 2025 HELD BY SPOUSE

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 +4.83K $0.00 0 01 Mar 2025 COMMON STOCK 4.83K Direct F1
transaction DC PERFORMANCE STOCK UNITS Options Exercise $0 +12.3K +226.04% $0.00 17.8K 01 Mar 2025 COMMON STOCK 12.3K Direct F2, F3
transaction DC PERFORMANCE STOCK UNITS Options Exercise $0 +16.4K +65.9% $0.00 41.2K 01 Mar 2025 COMMON STOCK 16.4K Direct F3, F6
transaction DC PERFORMANCE STOCK UNITS Award $0 +49.5K $0.00 49.5K 01 Mar 2025 COMMON STOCK 49.5K Direct F4, F11
transaction DC STOCK OPTIONS Award $0 +50.1K $0.00 50.1K 01 Mar 2025 COMMON STOCK 50.1K $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 20,897 performance stock units ("PSUs") on September 1, 2022, 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 4,830 shares of common stock. Upon settlement, 2,585 shares of common stock were withheld by the Issuer solely for the purpose of satisfying tax withholding obligations and the Reporting Person received 2,245 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 53,381 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 12,337 shares of common stock. Upon settlement, 6,601 shares of common stock were withheld by the Issuer solely for the purpose of satisfying tax withholding obligations and the Reporting Person received 5,736 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 70,755 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 16,354 shares of common stock. Upon settlement, 8,750 shares of common stock were withheld by the Issuer solely for the purpose of satisfying tax withholding obligations and the Reporting Person received 7,604 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.