CHARLES HANSARD - 14 May 2021 Form 4 Insider Report for Gatos Silver, Inc. (GATO)

Role
Director
Signature
/s/ Adam Dubas, Attorney-in-Fact for Charles Hansard
Issuer symbol
GATO
Transactions as of
14 May 2021
Net transactions value
$0
Form type
4
Filing time
18 May 2021, 16:15:09 UTC
Next filing
28 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GATO Common Stock Award $0 +4,209 $0.000000 4,209 14 May 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GATO Employee Stock Option (Right to Buy) Award $0 +6,125 $0.000000 6,125 14 May 2021 Common Stock 6,125 $12.03 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists entirely of deferred stock units ("DSUs"), of which 75% vested on the grant date and the remainder vests in 2 equal installments on May 31, 2021 and June 30, 2021. Each DSU entitles the holder to receive one share of the issuer's common stock upon departure from the issuer.
F2 75% of the option vested on the grant date and the remainder vests in 2 equal installments on May 31, 2021 and June 30, 2021.