i-80 Gold (IAUX) director receives 9,683 Deferred Share Units as equity award
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Jalonen Michael reported acquisition or exercise transactions in this Form 4 filing.
i-80 Gold Corp. director Michael Jalonen received a grant of 9,683 Deferred Share Units (DSUs) on the reported date as compensation. Each DSU is economically equivalent to one common share and vests immediately. The underlying common shares will only be issued after he separates from service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jalonen Michael
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 9,683 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 9,683 shares (Direct, null)
Footnotes (1)
- Each Deferred Share Unit ("DSU") is the economic equivalent of one of the Issuer's common shares. The underlying common shares will not be issued to the reporting person, and the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares, until the separation of the reporting person as a director of the Issuer. The DSUs vested immediately upon issuance and do not expire.
Key Figures
Deferred Share Units granted: 9,683 units
Price per DSU: $0.0000
Underlying common shares: 9,683 shares
+1 more
4 metrics
Deferred Share Units granted
9,683 units
Grant of DSUs to director on transaction date
Price per DSU
$0.0000
Compensation grant, not market purchase
Underlying common shares
9,683 shares
Each DSU equals one common share economically
Holdings after transaction
9,683 DSUs
Total Deferred Share Units following this grant
Key Terms
Deferred Share Units, economic equivalent, voting or dispositive rights, vested immediately upon issuance, +1 more
5 terms
economic equivalent financial
"Each Deferred Share Unit ("DSU") is the economic equivalent of one of the Issuer's common shares."
voting or dispositive rights financial
"the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares"
vested immediately upon issuance financial
"The DSUs vested immediately upon issuance and do not expire."
do not expire financial
"The DSUs vested immediately upon issuance and do not expire."
FAQ
What insider transaction did i-80 Gold Corp. (IAUX) report for Michael Jalonen?
i-80 Gold Corp. reported that director Michael Jalonen received a grant of 9,683 Deferred Share Units. These units are a form of equity-based compensation linked to the company’s common shares and vest immediately upon issuance, with settlement deferred until he leaves the board.
Did the i-80 Gold Corp. (IAUX) DSU grant to Michael Jalonen involve any purchase price?
No purchase price was involved; the DSUs were granted at a price of $0.0000 per unit. This indicates they were awarded as compensation rather than bought in the market, aligning with typical director equity grant practices at publicly traded companies.