SEC Form 4 · accession 0001179110-17-006213
McEwen Inc. · MUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Iaboni
Officer — Vice President, Finance
Period of report
Apr 26, 2017
Accepted (ET)
Apr 27, 2017 · 3:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000314203
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy)F2,F1 | — | Apr 26, 2017 | A | 90,000 | A | Apr 26, 2017 | — | Common Stock | 5,040 | 5,040 | D |
Explanation of responses
- F1The option may be exercised at a price of Cdn $0.10 per 0.056 share of common stock.
- F2Pursuant to the terms of that certain Arrangement Agreement dated February 13, 2017 between McEwen Mining Inc. and Lexam VG Gold Inc., holders of options in Lexam VG Gold are entitled to receive from McEwen Mining a replacement option exercisable for 0.056 of McEwen Mining's common stock for each Lexam option owned immediately prior to the effective date of the Arrangement.