Alberto Reyes - 15 Mar 2025 Form 4 Insider Report for GOLD RESOURCE CORP (GORO)

Role
Chief Operating Officer
Signature
/s/ Chet Holyoak as attorney-in- fact for Alberto Reyes
Issuer symbol
GORO
Transactions as of
15 Mar 2025
Transactions value $
$-22,205
Form type
4
Filing time
14 Apr 2025, 14:22:54 UTC
Previous filing
06 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GORO Common Stock Options Exercise +65,900 +15.1% 502,410 15 Mar 2025 Direct F1
transaction GORO Common Stock Disposed to Issuer $-9,041 -65,900 -13.1% $0.1372 436,510 15 Mar 2025 Direct
transaction GORO Common Stock Tax liability $-7,239 -14,991 -3.43% $0.4829 421,519 17 Mar 2025 Direct F2
transaction GORO Common Stock Tax liability $-5,925 -10,772 -2.56% $0.5500 410,747 21 Mar 2025 Direct F3

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 GORO PSU Options Exercise $0 +65,900 $0.000000 0 15 Mar 2025 Common Stock 65,900 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance share units ("PSUs") granted on 06/22/2022 under Gold Resource Corporation's 2016 Equity Incentive Plan (the "Plan"), which vested on 12/31/2024. Each PSU vested for one share of the Company's common stock. On 03/15/2025, the PSUs were paid out in cash.
F2 Represents restricted stock units ("RSUs") issued under the Plan and forfeited to cover the tax liability through net-settlement for the RSUs vested and redeemed on 03/17/2025.
F3 Represents RSUs issued under the Plan and forfeited to cover the tax liability through net-settlement for the RSUs vested and redeemed on 03/21/2025.
F4 Each PSU represents the right to receive up to 1.5 shares of the Company's common stock on the vesting date, depending on the Company's performance compared to a group of peer companies.