Alberto Reyes - Mar 15, 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
Stock symbol
GORO
Transactions as of
Mar 15, 2025
Transactions value $
-$22,205
Form type
4
Date filed
4/14/2025, 02:22 PM
Previous filing
May 6, 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 +65.9K +15.1% 502K Mar 15, 2025 Direct F1
transaction GORO Common Stock Disposed to Issuer -$9.04K -65.9K -13.12% $0.14 437K Mar 15, 2025 Direct
transaction GORO Common Stock Tax liability -$7.24K -15K -3.43% $0.48 422K Mar 17, 2025 Direct F2
transaction GORO Common Stock Tax liability -$5.92K -10.8K -2.56% $0.55 411K Mar 21, 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 +65.9K $0.00 0 Mar 15, 2025 Common Stock 65.9K 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.