| 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 | +50K | +8.76% | $0.00 | 621K | May 13, 2021 | Common Stock | 50K | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| 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. The reporting person is director and managing partner of Sentient. Sentient, through the Sentient executive funds, holds shares of common stock of Golden Minerals Company. In accordance with certain Sentient internal requirements, 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 Sentient 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. |