Golden Minerals Co 4
4 · Golden Minerals Co · Filed May 20, 2016
Insider Transaction Report
Form 4
Clevenger Jeffrey G
DirectorPresident, CEO
Transactions
- Award
Restricted Stock Units
2016-05-19+290,000→ 320,000 total→ Common Stock (290,000 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Golden Minerals Company common stock. 40,000 of 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. 250,000 of the Restricted Stock Units vested on the date of grant.
- [F2]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.