Filing Details
- Accession Number:
- 0001615774-19-005177
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-04-01 17:30:54
- Reporting Period:
- 2019-03-29
- Accepted Time:
- 2019-04-01 17:30:54
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 773717 | Standard Metals Processing Inc. | SMPR | Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400) | 840991764 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1514906 | Sharon Ullman | 1712 Pioneer Avenue Suite 769 Cheyenne WY 82001 | Chief Financial Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2019-03-29 | 12,680,000 | $0.00 | 2,500,000 | No | 4 | S | Indirect | Afignis LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | Afignis LLC |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Options (right to buy) | Disposition | 2019-03-29 | 1,500,000 | $0.00 | 1,500,000 | $0.40 |
| Common Stock | Options (right to buy) | Disposition | 2019-03-29 | 1,500,000 | $0.00 | 1,500,000 | $0.40 |
| Common Stock | Options (right to buy) | Disposition | 2019-03-29 | 1,500,000 | $0.00 | 1,500,000 | $0.40 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2013-11-13 | 2020-11-13 | No | 4 | D | Direct |
| 0 | 2014-06-01 | 2020-11-13 | No | 4 | D | Direct |
| 0 | 2015-06-01 | 2020-11-13 | No | 4 | D | Direct |
Footnotes
- Shares transferred by the reporting person in an exchange transaction with Granite Peak Resources, LLC.
- The Reporting Person exchanged the shares for a pro-rata equity interest in Granite Peak Resources LLC ("GPR"). The shares are valued at the time of exchange on 3/29/19 as the fair market value ("FMV") as the closing trading price on the previous date ($0.0495) and such equity interest in Granite Peak Resources LLC is valued as the FMV of the Standard Metals Processing, Inc. (the "Company") shares.
- The shares are held in the name of Afignis LLC, the Reporting Person has sole voting and dispositive authority.
- A limited liability company, of which the reporting person is the manager and has sole dispositive and voting control.
- Options to purchase common stock granted pursuant to a compensatory Stock Option Grant Agreement.
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