---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-012243"
form_type: "8-K"
ticker: "IDR"
cik: "0001030192"
company_name: "Idaho Strategic Resources, Inc."
filed_at: "2022-09-07T23:59:59+00:00"
generated_at: "2026-06-23T13:39:07.581171+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Idaho Strategic grants 180,000 performance stock options at $5.25; CEO forfeits 21,429 options

## Summary
- Total 180,000 options granted to employees, directors, and officers; 54 employees each receive 3,000 options.
- Exercise price $5.25 for most; CEO John Swallow gets 3,000 options at $5.77 per share.
- CEO forfeited 21,429 options exercisable at $5.60 to create room under the 2014 Equity Incentive Plan.
- All options vest immediately and are exercisable for 3 years from grant date (Sept 6, 2022).

## SEC filing metadata
- accession: 0001654954-22-012243
- form_type: 8-K
- ticker: IDR
- cik: 0001030192
- company_name: Idaho Strategic Resources, Inc.
- filed_at: 2022-09-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030192/000165495422012243/0001654954-22-012243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030192/000165495422012243/njmc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-012243
- JSON: https://secwatch.observer/filing/0001654954-22-012243.json
- Plain text: https://secwatch.observer/filing/0001654954-22-012243.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.