Julie Weedman - Apr 1, 2022 Form 3 Insider Report for Golden Minerals Co (AUMN)

Role
Chief Financial Officer
Signature
Julie Weedman
Stock symbol
AUMN
Transactions as of
Apr 1, 2022
Transactions value $
$0
Form type
3
Date filed
4/6/2022, 03:10 PM
Next filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AUMN Common Stock 0 Apr 1, 2022 Direct

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
holding AUMN Units Apr 1, 2022 Common Stock 450K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Units were granted pursuant to the Golden Minerals Company 2013 Key Employee Long-Term Incentive Plan (the "KELTIP"). Each Unit represents a contingent right to receive on the applicable payment date, a settlement amount measured generally by the price of Golden Minerals Company (the "Company") common stock on the settlement date. The settlement amount may be paid in cash or in Company stock granted pursuant to the Company's Amended and Restated 2009 Equity Incentive Plan or another plan that may in the future be approved by the Company's stockholders. Payment of the settlement amount in respect of the reporting person's vested Units is deferred generally until the earlier of a change of control of the Company as described in the KELTIP and the date the reporting person ceases to serve as an officer or employee of the Company. The Units were granted on Jan. 16, 2022. 1/3 vested on the grant date. 1/3 will vest on each of the second and third anniversaries of the grant date.