JOHN E. HINER - 12 Oct 2022 Form 4 Insider Report for ATHENA GOLD CORP (AHNR)

Role
Director
Signature
/s/ John E. Hiner
Issuer symbol
AHNR
Transactions as of
12 Oct 2022
Transactions value $
$7,800
Form type
4
Filing time
20 Oct 2022, 11:02:38 UTC
Next filing
27 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AHNR Common Stock Award $7.8K +150K $0.05 150K 12 Oct 2022 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 AHNR Common Stock Options Award $0 +500K $0.00 500K 12 Oct 2022 Common Stock 500K $0.06 Direct F2, F3
holding AHNR Common Stock Options 500K 12 Oct 2022 Common Stock 500K $0.09 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Common Stock Options are subject to certain vesting requirements set forth in a Stock Option Agreement. Half of the Stock Options vest at the Date of Grant, with 125,000 options vesting on the one year anniversary of the Date of Grant and the remaining 125,000 vesting on the second anniversary of the Date of Grant.
F2 The Common Stock Options were issued to the reporting in appreciation of his services rendered as a Director of the Company pursuant to the Company's 2020 Equity Incentive Plan (the "Plan").
F3 The exercise price has been converted into U.S. currency from CANADIAN $0.08 per share.