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McEwen Inc. — Director's Dealing 2019
Jun 10, 2019
32310_dirs_2019-06-10_66cf9084-85b7-40a9-877a-01d485f54582.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: McEwen Mining Inc. (MUX)
CIK: 0000314203
Period of Report: 2019-06-01
Reporting Person: Spears Stephan Michael (VP of Corp. Development)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Options (right to buy) | $1.02 | 2020-11-26 | Common Stock (75000) | Direct | |
| Warrants (right to purchase) | $2.00 | 2022-03-26 | Common Stock (5000) | Direct |
Footnotes
F1: The Options vested in equal amounts over a three-year period, with the first one-third vesting on November 27, 2016.
F2: On March 26, 2019, the reporting person purchased subscription receipts in an offering conducted by McEwen Mining Inc. In order to comply with certain rules of the NYSE which require shareholder approval of such transactions, the subscription receipts were automatically convertible into units consisting of common stock and warrants one business day following receipt of shareholder approval. Pursuant to the provisions of the Subscription Receipt Agreement, the subscription receipts were converted on May 24, 2019.