|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Kugler Michael Jack C/O U.S. PRECIOUS METALS, INC. 801 INTERNATIONAL PARKWAY, 5TH FLOOR LAKE MARY, FL 32746 |
X | Chief Executive Officer |
MICHAEL JACK KUGLER | 07/07/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | These shares were issued as compensation for services rendered to the Company. |
(2) | 300,000 shares of common stock were transferred by the reporting person to a trust for his child, Grant Kugler, for which the reporting person's spouse is the trustee. After this transaction, a total of 325,000 shares of common stock are held in trust for his child, Grant Kugler for which the reporting person's spouse is the trustee. |
(3) | 300,000 shares of common stock were transferred by the reporting person to a trust for his child, Kathryn Kugler, for which the reporting person's spouse is the trustee. After this transaction, a total of 325,000 shares of common stock are held in trust for his child, Kathryn Kugler, for which the reporting person's spouse is the trustee. |
(4) | 300,000 shares of common stock were transferred by the reporting person to a trust for his child, Reid Kugler, for which the reporting person's spouse is the trustee. After this transaction, a total of 325,000 shares of common stock are held in trust for his child, Reid Kugler, for which the reporting person's spouse is the trustee. |