4//SEC Filing
Golden Minerals Co 4
Accession 0001140361-15-034206
$AUMNCIK 0001011509operating
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 4:17 PM ET
Size
12.7 KB
Accession
0001140361-15-034206
Insider Transaction Report
Form 4
Clevenger Jeffrey G
DirectorPresident, CEO
Transactions
- Sale
Common Stock
2015-09-01$0.32/sh−60,000$19,002→ 364,806 total - Exercise/Conversion
Common Stock
2015-09-01+172,500→ 537,306 total - Exercise/Conversion
KELTIP Units
2015-09-01−172,500→ 0 total→ Common Stock (172,500 underlying) - Award
Restricted Stock Units
2015-09-01+30,000→ 30,000 total→ Common Stock (30,000 underlying)
Holdings
- 3,200(indirect: By Spouse)
Common Stock
Footnotes (6)
- [F1]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]These shares were sold pursuant to a Rule 10b5-1 plan entered into in March 2014 for the purpose of funding tax liabilities associated with the vesting of restricted stock issued pursuant to the Issuer's Amended and Restated 2009 Equity Incentive plan.
- [F3]Includes zero shares of restricted common stock that have not yet vested and were granted pursuant to the Issuer's Amended and Restated 2009 Equity Incentive Plan.
- [F4]Settlement of the December 13, 2013 grant of 172,500 KELTIP units. Settlement is effective on 9/1/2015, the date on which Mr. Clevenger ceased to serve as an officer or employee of the Issuer. KELTIP Units were granted pursuant to the Issuer's 2013 Key Employee Long-Term Incentive Plan. KELTIP units convert into common stock on a one-for-one basis.
- [F5]Each Restricted Stock Unit represents a contingent right to receive one share of Golden Minerals Company common stock. The Restricted Stock Units will vest on the first to occur of (i) the first anniversary of the grant date and (ii) a Change of Control as defined in Golden Minerals Company's Amended and Restated 2009 Equity Incentive Plan.
- [F6]Shares of common stock represented by vested Restricted Stock Units will be issued to the reporting person effective on the date on which the reporting person ceases to be a member of the Board of Directors of Golden Minerals Company.
Documents
Issuer
Golden Minerals Co
CIK 0001011509
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001011509
Filing Metadata
- Form type
- 4
- Filed
- Sep 1, 8:00 PM ET
- Accepted
- Sep 2, 4:17 PM ET
- Size
- 12.7 KB