Sec Form 4 Filing - Loving Gary A @ General Moly, Inc - 2019-12-27

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
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1. Name and Address of Reporting Person
Loving Gary A
2. Issuer Name and Ticker or Trading Symbol
General Moly, Inc [ GMO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
5070 N. WEATHERFORD RD.
3. Date of Earliest Transaction (MM/DD/YY)
12/27/2019
(Street)
FLAGSTAFF, AZ86001-7889
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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
10% senior convertible promissory notes ( 1 ) 12/27/2019 D 100,000 ( 2 ) 12/26/2019 Common Stock 100,000 $ 0 0 I By Gary A. Loving and Lynn S. Loving Family Trust dated 12/1/1997 ( 3 )
Common stock purchase warrants (right to buy) $ 0.35 12/27/2019 A 153,186 ( 1 ) 12/27/2019 12/26/2022 Common Stock 153,186 $ 0 153,186 I By Gary A. Loving and Lynn S. Loving Family Trust dated 12/1/1997 ( 3 )
Common stock purchase warrants (right to buy) $ 0.35 12/27/2019 P 29,100 ( 4 ) 12/27/2019 12/26/2022 Common Stock 29,100 $ 0 29,100 I By Gary A. Loving and Lynn S. Loving Family Trust dated 12/1/1997 ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Loving Gary A
5070 N. WEATHERFORD RD.
FLAGSTAFF, AZ86001-7889
X
Signatures
/s/ Jennifer A. D'Alessandro, as attorney-in-fact 01/06/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person disposed of 10% senior convertible promissory notes, plus accrued and unpaid interest, in an issuer exchange offer in exchange for newly issued 12% senior promissory notes, which are not convertible into common stock of the issuer, and warrants to purchase common stock.
( 2 )The notes are convertible at any time at the option of the holder into common stock of the issuer.
( 3 )The reporting person and his wife are the trustees of this trust.
( 4 )Represents warrants issued as part of a subscription offer conducted by the issuer in connection with the issuer exchange offer.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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