secwatch.observer — SEC 8-K summary
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Issuer:     Golden Minerals Co (AUMN)
CIK:        0001011509
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0001104659-22-054360
Event type: leadership
Sentiment:  positive
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Minerals appoints John Galassini as COO, effective May 9, 2022
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- John Galassini appointed COO, start date May 9, 2022; he brings 30+ years mining experience.
- Base salary $275,000; target annual bonus 50% of base, payable in cash or KELTIP units.
- Granted 500,000 KELTIP units vesting over two years; eligible for annual long-term incentive grants.
- Severance: two years' salary plus target bonus upon change-of-control termination; one year plus prorated bonus for without-cause termination.
- As COO, Galassini will lead Mexican operations including Rodeo mine and Velardeña properties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1011509/000110465922054360/0001104659-22-054360-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1011509/000110465922054360/tm2214183d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-054360

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