4//SEC Filing
GOLDEN QUEEN MINING CO LTD 4
Accession 0001454170-17-000001
CIK 0001025362operating
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 1:30 PM ET
Size
9.0 KB
Accession
0001454170-17-000001
Insider Transaction Report
Form 4
Clay Thomas Moragne
Director
Transactions
- Other
Common Stock
2017-01-24$0.79/sh−6,884,444$5,449,037→ 10,163,295 total(indirect: By Trust)
Holdings
- 1,806,400
Common Stock
- 1,344,269(indirect: By Trust)
Common Stock
- 807,250(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]On January 24, 2017, the reporting person, as the sole trustee of the Landon T. Clay 2016-2 Annuity Trust u/a dated January 14, 2016 (the "2016-2 GRAT"), authorized the transfer of 6,884,444 shares of common stock of Golden Queen Mining Co. Ltd. (the "Issuer") from the 2016-2 GRAT to Landon T. Clay in satisfaction of the annuity payment required by the terms of the 2016-2 GRAT. Landon T. Clay is the reporting person's father. The reporting person disclaims beneficial ownership of the shares held by the 2016-2 GRAT.
- [F2]The price in Column 4 has been determined in accordance with the terms of the 2016-2 GRAT and is based on the average trading price of the Issuer's shares of common stock converted to U.S. dollars at the prevailing conversion rate on the date that was one day prior to the date of the transaction
- [F3]Represents shares owned by 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.
- [F4]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.
- [F5]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.
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
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 1:30 PM ET
- Size
- 9.0 KB