PARAMOUNT GOLD & SILVER CORP. 4
4 · PARAMOUNT GOLD & SILVER CORP. · Filed Apr 17, 2015
Insider Transaction Report
Form 4
Kennedy Shawn Michael Thomas
Director
Transactions
- Disposition to Issuer
Common Stock
2015-04-17$252098.90/sh−219,735$55,394,951,792→ 0 total - Disposition to Issuer
Stock Option
2015-04-17$568.32/sh−80,000$45,465,600→ 0 totalExercise: $1.14From: 2014-03-18Exp: 2018-04-17→ Common Stock (80,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger among Coeur Mining, Inc. ("Coeur"), Paramount Gold and Silver Corp. ("Paramount"), Hollywood Merger Sub, Inc. and Paramount Nevada Gold Corp. ("Merger Agreement") whereby each share of common stock of Paramount was converted into 0.2016 shares of Coeur common stock, resulting in 44,298.576 shares Coeur common stock. Value reported is based on closing price of Coeur common stock on April 16, 2015.
- [F2]The option exercise price was reduced by $0.26 as a result of a spin-off of shares of Paramount Gold Nevada Corp. by the issuer.
- [F3]Options disposed of pursuant to Merger Agreement and at Coeur's option is being exchanged for cash or Coeur common stock (using closing price on April 16, 2015).