Gold Express Mines, Inc.'s Form 4 filing
Magellan Copper & Gold Corp (MAGE) · filed Jan 16, 2024
- Accession no.
- 0001683168-24-000316
- Filed
- Jan 16, 2024, 7:11 PM ET
- Trade date
- Mar 23-Dec 29, 2023
- Filing delay
- 299 daysLate
- Rule 10b5-1 plan
- Not checked
This filing lists 2 non-derivative transactions. Open-market purchases total $140.0K. It was filed 299 days after the trade, past the 2-business-day deadline.
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 |
|---|---|
| Gold Express Mines, Inc.CIK 0001817351 | 10% Owner |
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 |
|---|---|---|---|---|---|---|---|---|
| Mar 23, 2023 | Common Stock | PPurchaseAcquired | +1,000,000 | $0.14 | +$140,000 | 6,000,000 | Direct | |
| Dec 29, 2023 | Common Stock | JOtherAcquired | +250,000 | –F2 | – | 6,250,000 | Direct |
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.
- F2
John P. Ryan, Howard Crosby, James Czirr and Terrence Dunne are the four directors of the Reporting Person. Any action by the Reporting Person, including voting and dispositive decisions, requires a vote of three out of the four directors of the board of directors. Under the so-called "rule of three", because voting and dispositive decisions are made by three out of four directors of the board of directors, none of the directors is deemed to be a beneficial owner of shares held by the Reporting Person, even those in which he or she directly holds a pecuniary interest.
Referenced by the price of 1 transaction in Table I.