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4//SEC Filing

Pullar Andrew 4

Accession 0001140361-18-024647

CIK 0001011509other

Filed

May 17, 8:00 PM ET

Accepted

May 18, 2:20 PM ET

Size

7.0 KB

Accession

0001140361-18-024647

Insider Transaction Report

Form 4
Period: 2018-05-17
Transactions
  • Award

    Restricted Stock Units

    2018-05-17+100,000340,922 total
    Common Stock (100,000 underlying)
Footnotes (3)
  • [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Golden Minerals Company common stock. 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 2009 Equity Incentive Plan.
  • [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. As previously reported on the reporting person's Form 3, the reporting person is the Chief Executive Officer of The Sentient Group. As previously reported on the reporting person's Form 3, certain funds of The Sentient Group hold shares of common stock of Golden Minerals Company. As a result of certain internal requirements of The Sentient Group, the reporting person will remit the shares of common stock issued pursuant to the Restricted Stock Units that are received by the reporting person for serving on the Board of Directors of Golden Minerals Company as directed by The Sentient Group at the time of issuance.
  • [F3]Once shares of common stock represented by vested Restricted Stock Units are issued to the reporting person, the reporting person will indirectly own those shares of common stock. As such, the reporting person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

Documents

1 file

Issuer

Golden Minerals Co

CIK 0001011509

Entity typeother

Related Parties

1
  • filerCIK 0001579884

Filing Metadata

Form type
4
Filed
May 17, 8:00 PM ET
Accepted
May 18, 2:20 PM ET
Size
7.0 KB