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Engelstad Nils 4

Accession 0001104659-12-080570

CIK 0000314203other

Filed

Nov 27, 7:00 PM ET

Accepted

Nov 28, 5:32 PM ET

Size

9.0 KB

Accession

0001104659-12-080570

Insider Transaction Report

Form 4
Period: 2012-11-26
Transactions
  • Exercise of In-Money

    Exchangeable Shares

    2012-11-26+99410,939 total
    Common Stock (994 underlying)
  • Exercise of In-Money

    Subscription Rights (Right to Buy)

    2012-11-269,9405 total
    From: 2012-11-09Exp: 2012-12-04Exchangeable Shares (994 underlying)
Footnotes (3)
  • [F1]For every ten (10) McEwen Mining-Minera Andes Acquisition Corp. ("Canadian Exchangeco") Subscription Rights held, such holder is entitled to purchase one (1) Exchangeable Share at a price equal to CDN$2.24 per whole share of Canadian Exchangeco ("Exchangeable Share").
  • [F2]Exchangeable Shares are exchangeable on a one-for-one basis for Common Stock at any time at the option of the holder and are intended to have, to the extent practicable, the same economic, voting and other rights of the Common Stock.
  • [F3]Exchangeable Shares may be converted into Common Stock (i) upon certain changes in Canadian tax law, (ii) upon a liquidation, dissolution or winding up of Exchangeco, or (iii) upon a liquidation of the Company. Exchangeco may accelerate redemption in the event that: (A) fewer than 5% of the Exchangeable Shares are outstanding; (B)(1) the Company undergoes a change of control or a change of control is approved, (2) the shareholders of the Company approve a liquidation of the Company or (3) the Company disposes of substantially all of its assets and it is not reasonably practicable to substantially replicate the Exchangeable Shares; or (C) certain voting events are proposed that affect the substantial equivalence of Exchangeable Shares and Common Stock.

Documents

1 file

Issuer

McEwen Mining Inc.

CIK 0000314203

Entity typeother

Related Parties

1
  • filerCIK 0001470399

Filing Metadata

Form type
4
Filed
Nov 27, 7:00 PM ET
Accepted
Nov 28, 5:32 PM ET
Size
9.0 KB