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OMB APPROVAL
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OMB Number 3235-0287
Expires: September 30, 1998
Estimated average burden
hours per response ....... 0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Newmont Mining Corporation
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(Last, First, Middle)
1700 Lincoln Street
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(Street)
Denver, CO 80203
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(City, State Zip)
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2. Issuer Name and Ticker or Trading Symbol
Newmont Gold Company (NGC)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
May 1998
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director [ x ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check applicable line)
[ x ] Form filed by one Reporting Person
[ ] Form filed by more than one Reporting Person
* If the form is filed by more than one reporting person,
see Instruction 4(b)(v).
<PAGE>
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
<CAPTION>
4.
Securities Acquired (A) or
3. Disposed of (D)
Transaction (Instr. 3, 4 and 5)
2. Code -----------------------------
1. Transaction (Instr. 8) (A)
Title of Security Date ------------ Amount or Price
(Instr. 3) (mm/dd/yy) Code V (D)
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<S> <C> <C> <C> <C> <C> <C>
(1)
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(2)
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<PAGE>
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Table I (cont.) -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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5. 6. Owner-
Amount of ship
Securities Form: 7.
Beneficially Direct Nature of
Owned at End (D) or Indirect
1. of Month Indirect Beneficial
Title of Security (Instr. 3 (I) Ownership
(Instr. 3) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C>
(1)
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(2)
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
<PAGE>
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Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
6.
Date
5. Exercisable and
2. 4. Number of Derivative Expiration Date
1. Conversion or Transaction Securities Acquired (A) (Month/Day/Year)
Title of Exercise 3. Code or Disposed of (D) ----------------
Derivative Price of Transaction (Instr. 8) (Instr. 3, 4 and 5) Date Expira-
Security Derivative Date (Month/ ------ ----------------------- Exer- tion
(Instr. 3) Security Day/Year) Code V (A) (D) cisable Date
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
(1) Option (right to buy) 28.32 5/31/98 J* 891,343 5/19/99 5/19/08
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(2) Option (right to buy) 26.79 3/31/98 J* 15,000 3/18/99 3/18/08
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<PAGE>
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Table II (cont.) -- Derivative Securities Acquired, Disposed of, or Beneficially
Owned (e.g., puts, calls, warrants, options, convertible securities)
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7.
Title and Amount
of Underlying
Securities 9. 10.
(Instr. 3 and 4) Number of Ownership
---------------- Derivative Form of 11.
1. Amount 8. Securities Derivative Nature of
Title of or Price of Beneficially Security: Indirect
Derivative Number Derivative Owned Direct (D) Beneficial
Security of Security at End of Month or Indirect Ownership
(Instr. 3) Title Shares (Instr. 5) (Instr.4) (I) (Instr. 4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C>
(1) Option (right to buy) Common 891,343 * 891,343 D
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(2) Option (right to buy) Common 15,000 * 15,000 D
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</TABLE>
<PAGE>
Explanation of Responses:
* Indicated transactions related to the common stock options (the "NGC
Options") granted by Newmont Gold Company (the "Newmont Gold") to Newmont
Mining Corporation ("NMC") in connection with a transaction entered into by
NMC and Newmont Gold on March 18, 1994 to combine the operations of NMC and
Newmont Gold, effective as of January 1, 1994. The NGC Option grants and
exercises reported herein result from the grant and exercise of comparable
employee stock options of NMC.
** Indicated transactions reported herein resulted from the merger (the
"Merger") of a wholly-owned subsidiary ("Sub") of NMC with and into Santa
Fe Pacific Gold Corporation ("Santa Fe"). Immediately following the
consummation of the Merger, NMC transferred to Newmont Gold all of the
shares of common stock of the corporation surviving the Merger in exchange
for additional shares of Newmont Gold common stock in an amount equal to
the number of shares of Newmont Mining common stock issued to former Santa
Fe stockholders in the Merger and additional NGC Options having the same
terms as the options to acquire Santa Fe common stock assumed by Newmont
Mining pursuant to the Merger as adjusted as contemplated by the Agreement
and Plan of Merger dated as of March 10, 1997 among NMC, Sub and Santa Fe
(except that the additional Newmont Gold Options will be exercisable for
shares of Newmont Gold common stock while the assumed Santa Fe options will
be exercisable for shares of Newmont Mining common stock) (such options as
so assumed and adjusted are referred to herein as the "Assumed Options").
The NGC Option exercises reported herein result from exercise of Assumed
Options. All of the above-described transactions relate to the transaction
entered into by NMC and Newmont Gold in 1994 which resulted in the
combination of the operations of NMC and Newmont Gold effective as of
January 1, 1994 and which requires that at all times subsequent thereto the
number of shares of Newmont Gold common stock owned by Newmont Mining
equal the number of outstanding shares of Newmont Mining common stock.
/s/ Timothy J. Schmitt 6/10/98
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***Signature of Reporting Person Date
Title: Vice President and Secretary
*** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB number.
