McEwen Robert Ross 4
4 · McEwen Mining Inc. · Filed May 29, 2019
Insider Transaction Report
Form 4
McEwen Robert Ross
DirectorChairman and CEO10% Owner
Transactions
- Exercise/Conversion
Common Stock
2019-05-24$1.55/sh+1,724,284$2,672,640→ 1,825,550 total - Exercise/Conversion
Warrant - right to purchase
2019-05-24+862,142→ 862,142 totalExercise: $2.00From: 2019-05-24Exp: 2022-03-26→ Common Stock (862,142 underlying)
Holdings
- 75,791,658(indirect: by corporation)
Common Stock
- 2,947,371(indirect: by corporation)
Common Stock
- 352,800(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]On March 26, 2019, the reporting person purchased subscription receipts in an offering conducted by McEwen Mining Inc. In order to comply with certain rules of the NYSE which require shareholder approval of such transactions, the subscription receipts are automatically convertible into units consisting of common stock and warrants one business day following receipt of shareholder approval. Pursuant to the provisions of the Subscription Receipt Agreement, the subscription receipts were converted on May 24, 2019.
- [F2]The reporting person purchased subscription receipts for $1.55 each, each subscription receipt convertible to (1) one share of common stock and (2) one-half common stock purchase warrant.