David C. Mathewson - 13 May 2021 Form 4 Insider Report for Timberline Resources Corp (TLRS)

Signature
/s/ David C Mathewson
Issuer symbol
TLRS
Transactions as of
13 May 2021
Transactions value $
$0
Form type
4
Filing time
13 May 2021, 17:34:50 UTC
Previous filing
12 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRS Common Stock Purchase $49,000 +350,000 +18% $0.14 2,350,000 13 May 2021 Direct

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 TLRS Series D Warrants Conversion of derivative security -$49,000 -350,000 -100% $0.14 0 13 May 2021 Common Shares 350,000 $0.14 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Initial Warrant was for 625,000. 350,000 were exercised; 275,000 expired 04/30/2021
F2 Treasury order sent to transfer agent 4/30/21; due to COVID, certificates were not available until 5/13/21.