Dale Andres - 09 Dec 2024 Form 4 Insider Report for Gatos Silver, Inc. (GATO)

Signature
/s/ Stephen Bodley as Attorney-in-Fact for Dale Andres
Issuer symbol
GATO
Transactions as of
09 Dec 2024
Net transactions value
$0
Form type
4
Filing time
11 Dec 2024, 13:42:48 UTC
Previous filing
12 Jun 2024
Next filing
23 Dec 2024

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 +73,487 $0.000000 73,487 09 Dec 2024 Common Stock 73,487 $15.34 Direct F1
transaction GATO Restricted Stock Units Award $0 +43,220 $0.000000 43,220 09 Dec 2024 Common Stock 43,220 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options were granted on December 9, 2024. These options shall vest in three equal tranches on each of December 9, 2025, December 9, 2026 and December 9, 2027.
F2 Each restricted share unit (RSUs) represents a contingent right to receive one share of the issuer common stock, an equivalent amount of cash, or a combination thereof upon vesting.
F3 The RSUs will vest on December 9, 2027.