JOSEPH G. DWYER - 31 Dec 2024 Form 5 Insider Report for Golden Minerals Co (AUMN)

Signature
/s/ Joseph G. Dwyer
Issuer symbol
AUMN
Transactions as of
31 Dec 2024
Net transactions value
$0
Form type
5
Filing time
21 Feb 2025, 18:44:25 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AUMN Common Stock 2,000 31 Dec 2024 Direct F1, F2

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 +100,000 $0.000000 100,000 15 Aug 2024 Common Stock 100,000 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was appointed as Golden Minerals Company's (the "Company") Chief Financial Officer on August 15, 2024. This Form 5 is filed in lieu of (i) a delinquent Form 3 which should have been filed by August 26, 2024 and (ii) a delinquent Form 4 which should have been filed by August 19, 2024.
F2 Restricted Stock Awards ("RSAs") granted under the Company's Amended and Restated 2009 Equity Incentive Plan, prior to Mr. Dwyer becoming a Company insider. To date 1,334 of the RSAs have vested and the remaining RSAs will vest on September 26, 2025.
F3 Each Restricted Stock Unit ('RSU') represents a contingent right to receive one share of the Company's 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-third of the RSUs will vest on the one year anniversary of the grant date, one-third of the RSUs will vest on the second anniversary of the grant date, and one-third of the RSUs will vest on the third anniversary of the grant date.
F4 Shares of common stock represented by vested RSUs will be issued to the reporting person on the date on which the reporting person ceases to serve as Chief Financial Officer of the Company.