4//SEC Filing
Stein Michael Leon 4
Accession 0001104659-12-082137
CIK 0000314203other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 4:47 PM ET
Size
8.9 KB
Accession
0001104659-12-082137
Insider Transaction Report
Form 4
Stein Michael Leon
Director
Transactions
- Exercise of In-Money
Subscription Rights (Right to Buy)
2012-11-30−337,500→ 0 totalFrom: 2012-11-09Exp: 2012-12-04→ Exchangeable Shares (33,750 underlying) - Exercise of In-Money
Exchangeable Shares
2012-11-30+33,750→ 371,250 total→ Common Stock (33,750 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 as 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
Issuer
McEwen Mining Inc.
CIK 0000314203
Entity typeother
Related Parties
1- filerCIK 0001531136
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 4:47 PM ET
- Size
- 8.9 KB