Dale Andres - 22 Jun 2021 Form 4/A - Amendment Insider Report for Gatos Silver, Inc. (GATO)

Role
President
Signature
/s/ Adam Dubas, Attorney-in-Fact for Dale Andres
Issuer symbol
GATO
Transactions as of
22 Jun 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
28 Jun 2021, 16:06:59 UTC
Date Of Original Report
24 Jun 2021
Previous filing
10 Jun 2021
Next filing
29 Dec 2021
SEC
View on sec.gov

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 +200,000 $0.000000 200,000 22 Jun 2021 Common Stock 200,000 $18.03 Direct F1, F2
transaction GATO Employee Stock Option (Right to Buy) Award $0 +150,000 $0.000000 150,000 22 Jun 2021 Common Stock 150,000 $18.03 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-third of the option vested on the grant date, and the remaining two-thirds vests in equal tranches on June 1, 2022 and June 1, 2023.
F2 The Form 4 filed by the reporting person on June 24, 2021 incorrectly reported the expiration dates of the options as 6/22/2032, which has been corrected in this amendment.
F3 The option vests in three equal tranches on June 1, 2022, June 1, 2023 and June 1, 2024.