Pablo Castanos - Jun 18, 2024 Form 4 Insider Report for Golden Minerals Co (AUMN)

Role
President and CEO, Director
Signature
/s/ Pablo Castanos
Stock symbol
AUMN
Transactions as of
Jun 18, 2024
Transactions value $
$0
Form type
4
Date filed
7/3/2024, 11:28 AM
Previous filing
Jul 5, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AUMN Restricted Stock Units Award $0 +400K +1000% $0.00 440K Jun 18, 2024 Common Stock 400K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ('RSU') represents a contingent right to receive one share of Golden Minerals Company common stock. The RSUs will fully vest upon any Change of Control as defined in Golden Minerals Company's 2023 Equity Incentive Plan, or, if no Change of Control occurs, one half of the RSUs will vest on the one year anniversary of the grant date and the second half will vest on the second anniversary of the grant date.
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 serve as Chief Executive Officer of Golden Minerals Company