GIBBS JOHN D purchased 13.8% of their position (5M shares) of MAGELLAN COPPER & GOLD CORP on the open market
Open‑market purchase worth $100.0K — a moderate purchase. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 6/21/2018ACC: 0001011034-18-000055
+15M
Net shares
Net buyer
$160.0K
Total acquired
1
Open market trades
1B · 0S
5
Total transactions
18M acquired · 3M disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+5M
Price / share
$0.02
Trade value
$100K
% of position
13.8%
5/31/2018
36.17M→41.17M
Common Stock
Direct
Shares
+5M
Price / share
—
Trade value
—
% of position
12.1%
6/20/2018
41.17M→46.17M
Common Stock
Direct
Shares
+3M
Price / share
$0.02
Trade value
$60K
% of position
6.5%
6/20/2018
46.17M→49.17M
Total
Net shares
+13M
Net value
$160K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/31/2018 | P · Purchase | +5M | $0.02 | $100K | 13.8% | 36.17M | 41.17M |
| Common Stock Direct | 6/20/2018 | A · Award | +5M | — | — | 12.1% | 41.17M | 46.17M |
| Common Stock Direct | 6/20/2018 | M · Option Exercise | +3M | $0.02 | $60K | 6.5% | 46.17M | 49.17M |
| Total | +13M | $160K | ||||||
Derivative Transactions2
Warrants
Direct
Converts to
Common Stock
5M shares
Shares
+5M
Strike price
0.02
Held after
5M
Exercisable
—
5/31/2018
Warrants
Direct
Converts to
Common Stock
3M shares
Shares
−3M
Strike price
0.02
Held after
2M
Exercisable
—
6/20/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrants Direct | Common Stock5M shares | 5/31/2018 | P · Purchase | +5M | 0.02 | — | 5M |
| Warrants Direct | Common Stock3M shares | 6/20/2018 | X · X | −3M | 0.02 | — | 2M |
Non-Derivative Holdings (Post-Transaction)2
Common Stock
DirectShares owned36.17M
Common Stock
IndirectShares owned516.50K
Total
36.17M direct·516.50K indirect36.69M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 36.17M | Direct |
| Common Stock | 516.50K | Indirect |
| Total | 36.69M | 36.17M direct·516.50K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported