0000932440-11-001244.txt : 20111223 0000932440-11-001244.hdr.sgml : 20111223 20111223160548 ACCESSION NUMBER: 0000932440-11-001244 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111221 FILED AS OF DATE: 20111223 DATE AS OF CHANGE: 20111223 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DEGASPERIS CORRADO F CENTRAL INDEX KEY: 0001066127 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35200 FILM NUMBER: 111280477 MAIL ADDRESS: STREET 1: C/O NOVAMERICAN STEEL INC. STREET 2: 1050 UNIVERSITY AVENUE CITY: NORWOOD STATE: MA ZIP: 02062 FORMER NAME: FORMER CONFORMED NAME: DEGASPERIS CORRADO S DATE OF NAME CHANGE: 19980716 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Comstock Mining Inc. CENTRAL INDEX KEY: 0001120970 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 650955118 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1200 AMERICAN FLAT ROAD CITY: GOLD HILL, STATE: NV ZIP: 89440 BUSINESS PHONE: 480-505-4040 MAIL ADDRESS: STREET 1: P.O. BOX 1118 CITY: VIRGINIA CITY, STATE: NV ZIP: 85255 FORMER COMPANY: FORMER CONFORMED NAME: GOLDSPRING INC DATE OF NAME CHANGE: 20040730 FORMER COMPANY: FORMER CONFORMED NAME: GOLDSPRING DATE OF NAME CHANGE: 20030821 FORMER COMPANY: FORMER CONFORMED NAME: STARTCALL COM INC DATE OF NAME CHANGE: 20010305 4 1 edgar.xml PRIMARY DOCUMENT X0304 4 2011-12-21 0001120970 Comstock Mining Inc. LODE 0001066127 DEGASPERIS CORRADO F C/O COMSTOCK MINING INC. P.O. BOX 1118 VIRGINIA CITY NV 89440 1 1 0 0 CEO, Pres., PFO Common Stock 2011-12-21 4 A 0 2750000 0 A 2750000 D On December 21, 2011, Comstock Mining Inc. (the "Company") granted 2,750,000 shares of restricted stock to the reporting person subject to vesting in accordance with the Restricted Stock Agreement entered into under the Comstock Mining Inc. 2011 Equity Incentive Plan. Includes 2,750,000 shares of restricted stock, which vest as follows: (i) 20% upon the certification by the compensation committee of the board of directors of the Company of the attainment of both the validation of qualified resources (at least measured and indicated) and reserves (probable and proven) aggregating to at least 1,000,000 ounces of gold equivalent and completion of the first metal pour from the mining operations; (ii) 20% upon the certification by the Committee of the attainment of both the validation of qualified resources (at least measured and indicated) and reserves (probable and proven) aggregating to at least 1,500,000 ounces of gold equivalent and the completion of three months of consecutive mining operations at an annual production rate of 15,000 ounces of gold equivalent; [footnote 2 continued] (iii) 20% upon the certification by the Committee of the attainment of both the validation of qualified resources (at least measured and indicated) and reserves (probable and proven) aggregating to at least 2,000,000 ounces of gold equivalent and the completion of three months of consecutive mining operations at an annual production rate of 17,500 ounces of gold equivalent; and [footnote 3 continued] (iv) the remaining 40% upon the certification by the Committee of the attainment of both the validation of qualified resources (at least measured and indicated) and reserves (probable and proven) aggregating to at least 3,250,000 ounces of gold equivalent and the completion of three months of consecutive mining operations at an annual production rate of 20,000 ounces of gold equivalent. If a change in control of the Company occurs, all unvested restricted stock vests immediately. A portion of the shares may vest following termination of Mr. DeGasperis' employment by the Company if certain conditions are met. Any portion of the restricted stock that does not vest by the fifth anniversary of the date of grant will be forfeited. /s/ Corrado F. De Gasperis 2011-12-22