Director receives 843 DSUs at i-80 Gold (IAUX) as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gottesfeld Stephen P reported acquisition or exercise transactions in this Form 4 filing.
i-80 Gold Corp. director Stephen P. Gottesfeld received a grant of 843 Deferred Share Units. These units were awarded at a price of $0.00 per unit and are economically equivalent to 843 common shares of the company.
The Deferred Share Units vested immediately upon issuance and do not expire. However, the underlying common shares will not be issued, and Gottesfeld will not have voting or dispositive rights over those common shares, until he separates from service as a director. Following this grant, his reported direct holding is 843 Deferred Share Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gottesfeld Stephen P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 843 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 843 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: 843 units
Transaction price per DSU: $0.00
Underlying common shares: 843 shares
+1 more
4 metrics
Deferred Share Units granted
843 units
Grant to director Stephen P. Gottesfeld
Transaction price per DSU
$0.00
Grant/award acquisition
Underlying common shares
843 shares
Each DSU equals one common share
Total DSUs after transaction
843 units
Reported holdings following grant
Key Terms
Deferred Share Units, economic equivalent, voting or dispositive rights, vested immediately upon issuance
4 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."
FAQ
What insider transaction did i-80 Gold (IAUX) report for Stephen P. Gottesfeld?
i-80 Gold reported that director Stephen P. Gottesfeld received a grant of 843 Deferred Share Units. These were awarded at a price of $0.00 per unit and are economically equivalent to 843 common shares, functioning as equity-based director compensation.
When do the i-80 Gold (IAUX) DSUs granted to the director vest and expire?
The Deferred Share Units granted to Stephen P. Gottesfeld vested immediately upon issuance. According to the disclosure, these DSUs do not expire, providing ongoing equity-linked exposure until settlement when he separates from service as a director of i-80 Gold.