4//SEC Filing
GOLDEN QUEEN MINING CO LTD 4
Accession 0001454170-16-000007
CIK 0001025362operating
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 10:41 AM ET
Size
12.8 KB
Accession
0001454170-16-000007
Insider Transaction Report
Form 4
Clay Thomas Moragne
Director
Transactions
- Other
Warrant
2016-11-21+1,226,400→ 1,226,400 total(indirect: By Trust)Exercise: $0.85From: 2016-11-21Exp: 2021-11-21→ Common Shares (1,226,400 underlying) - Other
Warrant
2016-11-21+4,773,600→ 4,773,600 total(indirect: By Trust)Exercise: $0.85From: 2016-11-21Exp: 2021-11-21→ Common Shares (4,773,600 underlying)
Holdings
- 1,806,400
Common Stock
- 1,344,269(indirect: By Trust)
Common Stock
- 807,250(indirect: By Trust)
Common Stock
- 17,047,739(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Represents shares owned by the Landon T. Clay 2016-2 Annuity Trust u/a dated January 14, 2016 (the "2016-2 GRAT") for the benefit of the reporting person's father. The reporting person's father is the donor of the assets to the 2016-2 GRAT, and the reporting person is the sole trustee under the 2016-2 GRAT. The reporting person disclaims beneficial ownership of the shares held by the 2016-2 GRAT.
- [F2]Represents shares owned by the Monadnock Charitable Lead Annuity Trust dated May 31, 1996 ("Monadnock"). The reporting person has a remainder beneficial interest in the assets held by Monadnock. The reporting person's father provides investment advisory services to Monadnock and is the donor of the assets to Monadnock. The reporting person disclaims beneficial ownership of the shares held by Monadnock except to the extent of his proportionate pecuniary interest therein
- [F3]Represents shares owned by Arctic Coast Petroleums, Ltd. ("Arctic Coast"). The reporting person is a trustee of the Clay Family 2009 Irrevocable Trust dated April 14, 2009 (the "CF 2009 Trust"), which owns 50% of Arctic Coast. The reporting person's father is the donor of the portion of Arctic Coast held by the CF 2009 Trust. The reporting person is a director of Arctic Coast.
- [F4]On November 21, 2016, the issuer issued a warrant to purchase 4,773,600 shares of common stock to the Landon T. Clay 2009 Irrevocable Trust dated March 6, 2009 (the "LTC 2009 Trust"), of which the reporting person is a trustee. The warrant is currently exercisable and expires on November 21, 2021.
- [F5]The warrant was issued in connection with the Second Amended and Restated Term Loan Agreement (the "Loan Agreement"), dated November 21, 2016, by and among the issuer, the LTC 2009 Trust, the CF 2009 Trust and EHT, LLC. The Loan Agreement is described in the issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on November 21, 2016.
- [F6]On November 21, 2016, the issuer issued a warrant to purchase 1,226,400 shares of common stock to the CF 2009 Trust, of which the reporting person is a trustee. The warrant is currently exercisable and expires on November 21, 2021.
Documents
Issuer
GOLDEN QUEEN MINING CO LTD
CIK 0001025362
Entity typeoperating
IncorporatedBritish Columbia, Canada
Related Parties
1- filerCIK 0001025362
Filing Metadata
- Form type
- 4
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 10:41 AM ET
- Size
- 12.8 KB