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NEWMONT Corp /DE/ — Director's Dealing 2010
Feb 4, 2010
29882_dirs_2010-02-04_b1dc2bf2-9073-483e-982a-bf459f8cd4bc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NEWMONT MINING CORP /DE/ (NEM)
CIK: 0001164727
Period of Report: 2010-01-15
Reporting Person: MAHONEY THOMAS P (Vice President & Treasurer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-01-15 | Phantom Stock | $ | M | 207 | Disposed | Common Stock (207) | Direct |
Footnotes
F1: Each share of phantom stock held in the Saving Equalization Plan (the "SEQ") is the economic equivalent of one share of the Issuer's common stock. Pursuant to the terms and conditions of the SEQ, the reporting person elected on September 20, 2008 to receive a cash distribution on January 15, 2010 of the phantom stock represented by the reporting person's contributions to the SEQ made between January 1, 2005 and December 31, 2008. Such shares of phantom stock were valued at the closing price of the Issuer's common stock on January 15, 2010 and the reporting person received cash equal to such value.
F2: Pursuant to the terms of the SEQ, active SEQ participants who made contributions from January 1, 2005 to December 31, 2008 held the right to elect on or before December 31, 2008 a one time in-service distribution to be paid no earlier than December 31, 2010. The reporting person made such election on September 20, 2008.