X0306 4 2015-12-30 1 0001011509 Golden Minerals Co AUMN 0001406452 Friedman Deborah J 350 INDIANA STREET SUITE 800 GOLDEN CO 80401 0 1 0 0 Sr VP, Gen. Coun. & Corp. Secy Common Stock 2015-12-30 4 S 0 21667 .2091 D 144685 D These shares were sold pursuant to a 10b5-1 Plan entered into in March 2014 for the purpose of funding tax liabilities associated with the vesting of restricted stock issued pursuant to the Issuer's 2009 Equity Incentive Plan. Includes zero shares of restricted common stock that have not yet vested and were granted pursuant to the Issuer's 2009 Equity Incentive Plan. Robert P. Vogels for Deborah J. Friedman Pursuant to Power of Attorney 2016-01-04