Ibs Capital LLC's Form 4 filing
Applied Minerals, Inc. (AMNL) · filed Dec 21, 2021
- Accession no.
- 0001179110-21-011181
- Filed
- Dec 21, 2021, 5:33 PM ET
- Trade date
- Dec 17, 2021
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions and 3 derivative transactions. Open-market sales total $25.0K. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Ibs Capital LLCCIK 0001414860 | Other: See Footnote 1 |
| Ibs Turnaround Fund (QP) (A Ltd Partnership)CIK 0001415021 | Other: See Footnote 1 |
| Taft David ACIK 0001448562 | Other: See Footnote 1 |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 17, 2021 | Common Stock | SSaleDisposed | −1,403,000 | $0.005 | −$7,015 | 19,033,734 | Indirect | |
| Dec 17, 2021 | Common Stock | SSaleDisposed | −3,597,000 | $0.005 | −$17,985 | 19,033,734 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 17, 2021 | 10% PIK-Election Convertible Note | SSaleDisposed | −1 | –F3 | – | 1,058,778 | Indirect | |
| Dec 17, 2021 | 10% PIK-Election Convertible Note | SSaleDisposed | −1 | –F3 | – | 1,058,778 | Indirect | |
| Dec 17, 2021 | 10% PIK-Election Convertible Note | SSaleDisposed | −1 | –F3 | – | 1,058,778 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F3
The LP Fund sold $1,427,792 of principal under a 10% PIK-Election Convertible Note to the Purchaser for $57,111.68, which principal amount is convertible into 4,199,388 shares of common stock of the Issuer. The QP Fund sold $2,867,160 of principal under a 10% PIK-Election Convertible Note to the Purchaser for $114,686.40, which principal amount is convertible into 8,432,824 shares of common stock of the Issuer. The Opp. Fund sold $278,582 of principal under a 10% PIK-Election Convertible to the Purchaser for $11,143.28, which principal amount is convertible into 819,359 shares of common stock of the Issuer.
Referenced by the price of 3 transactions in Table II.