GIBBS JOHN D purchased 9.2% of their position (4.50M shares) of MAGELLAN COPPER & GOLD CORP on the open market
Open‑market purchase worth $90.0K — a moderate purchase. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 8/29/2018ACC: 0001683168-18-002561
+9M
Net shares
Net buyer
$130.0K
Total acquired
1
Open market trades
1B · 0S
4
Total transactions
11M acquired · 2M disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+4.50M
Price / share
$0.02
Trade value
$90K
% of position
9.2%
8/29/2018
49.17M→53.67M
Common Stock
Direct
Shares
+2M
Price / share
$0.02
Trade value
$40K
% of position
3.7%
8/29/2018
53.67M→55.67M
Total
Net shares
+6.50M
Net value
$130K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/29/2018 | P · Purchase | +4.50M | $0.02 | $90K | 9.2% | 49.17M | 53.67M |
| Common Stock Direct | 8/29/2018 | M · Option Exercise | +2M | $0.02 | $40K | 3.7% | 53.67M | 55.67M |
| Total | +6.50M | $130K | ||||||
Derivative Transactions2
Warrants
Direct
Converts to
Common Stock
2M shares
Shares
−2M
Strike price
0.02
Held after
0.00
Exercisable
—
8/29/2018
Warrants
Direct
Converts to
Common Stock
4.50M shares
Shares
+4.50M
Strike price
0.02
Held after
4.50M
Exercisable
—
8/29/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrants Direct | Common Stock2M shares | 8/29/2018 | X · X | −2M | 0.02 | — | 0.00 |
| Warrants Direct | Common Stock4.50M shares | 8/29/2018 | A · Award | +4.50M | 0.02 | — | 4.50M |
Non-Derivative Holdings (Post-Transaction)2
Common Stock
DirectShares owned49.17M
Common Stock
IndirectShares owned516.50K
Total
49.17M direct·516.50K indirect49.69M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 49.17M | Direct |
| Common Stock | 516.50K | Indirect |
| Total | 49.69M | 49.17M direct·516.50K indirect |
Derivative Holdings (Post-Transaction)1
Warrants
DirectUnderlying security
Common Stock
Underlying shares
5M
Shares owned
2M
Exercise price
0.02
Expiration
—
Exercise window
—
Total
Underlying
5M
Owned
2M
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Warrants Direct | Common Stock | 0.02 | — | — | 5M | 2M |
| Total | 5M | 2M | ||||