Spectral Capital Corporation

22/07/2024 | Press release | Distributed by Public on 22/07/2024 15:38

Initial Statement of Beneficial Ownership - Form 3

Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
McLeaming Chad Landon
2. Date of Event Requiring Statement (Month/Day/Year)
2024-06-12
3. Issuer Name and Ticker or Trading Symbol
SPECTRAL CAPITAL Corp [FCCN]
(Last) (First) (Middle)
C/O SPECTRAL CAPITAL CORPORATION , 4500 9TH AVENUE, NE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)
SEATTLE WA 98105
6. Individual or Join/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 Beneficially Owned
1.Title of Security 2. Amount of Securities Beneficially Owned 3. Ownership Form: Direct (D) or Indirect (I) 4. Nature of Indirect Beneficial Ownership
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Date Exercisable and Expiration Date 3. Title and Amount of Securities Underlying Derivative Security 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 6. Nature of Indirect Beneficial Ownership
Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
McLeaming Chad Landon
C/O SPECTRAL CAPITAL CORPORATION
4500 9TH AVENUE, NE
SEATTLE, WA98105
X


Signatures

/s/ Chad Landon McLeaming 2024-06-17
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(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) On June 12, 2024 ("Grant Date"), Spectral Capital Corporation (the "Company") granted Chad Landon McLeaming (the "Reporting Person") the ability to acquire three thousand one hundred twenty-five (3,125) options (the "Options") each month or an aggregate of seventy-five thousand (75,000) over 24 months. The Options vest monthly on their respective grant date and may be exercised in whole or in part into shares of Company's common stock $.0001 par value (the "Common Stock") at the price of $.43 per share for a period of ten (10) years from each Grant Date. The terms of the Options are set forth in the Option Agreement dated June 12, 2024, which is attached as an Exhibit to the Company's Form 8-K filed with the Securities and Exchange Commission on June 17, 2024. The amount reflected includes Options that may be acquired in 60 days from the date hereof,
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.