Targeted News Service
WASHINGTON, July 31 - Nevada Gold & Casinos Inc. [UWN], Las Vegas, Nevada, was involved in the following insider trading activity on a Form 4 filed with the U.S. Securities and Exchange Commission:
INSIDER: William J. Sherlock
DATE RELEASED: July 30, 2015
DATE of ACTION: July 30, 2015
SHARES: 20,000 shares of common stock at $0.82 per share
NOW HOLDS: 100,000
EXPLANATION OF RESPONSES:
1. TRANSACTION CODE: The shares were issued upon Mr. Sherlock's exercise of an option to acquire 20,000 shares of common stock, as described in Table II.
2. PRICE OF DERIVATIVE SECURITY: Pursuant to General Instruction 4(c)(iii) of Form 4, the exercise price is reported in column 2 of this Table II.
3. NUMBER OF DERIVATIVE SECURITIES BENEFICIALLY OWNED FOLLOWING REPORTED TRANSACTION: Includes options to acquire 15,000 shares at $1.25, exercisable through July 28, 2019 and 10,000 shares at $1.57, exercisable through July 27, 2021.
Myron Struck, editor, Targeted News Service, Springfield, Va., 703/304-1897; email@example.com; http://www.targetednews.com
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