McEwen Mining Inc. 4
4 · McEwen Mining Inc. · Filed Jul 31, 2013
Insider Transaction Report
Form 4
Stein Michael Leon
Director
Transactions
- Conversion
Exchangeable Shares
2013-07-30−399,870→ 0 totalFrom: 2012-01-24→ Common Stock (399,870 underlying) - Conversion
Common Stock
2013-07-30+399,870→ 399,870 total
Footnotes (2)
- [F1]The Exchangeable Shares are convertible into common stock on a one-for-one basis.
- [F2]Exchangeable Shares may be converted automatically 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.