James Woeller - Sep 11, 2023 Form 4 Insider Report for Gatos Silver, Inc. (GATO)

Role
VP, Corp Dev & Bus Improvement
Signature
/s/ Stephen Bodley as Attorney-in-Fact for James Woeller
Stock symbol
GATO
Transactions as of
Sep 11, 2023
Transactions value $
$54,400
Form type
4
Date filed
9/13/2023, 06:43 PM
Previous filing
Jul 21, 2022
Next filing
Jan 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GATO Common Stock Award $0 +45.1K $0.00 45.1K Sep 11, 2023 Direct F1
transaction GATO Common Stock Purchase $54.4K +10K +22.17% $5.44 55.1K Sep 12, 2023 Direct F2

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 +50.9K $0.00 50.9K Sep 11, 2023 Common Stock 50.9K $5.04 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists entirely of restricted stock units ("RSUs") which vest on July 16, 2025.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.40 to $5.48, inclusive. The reporting person undertakes to provide to Gatos Silver, Inc. (the "Issuer"), any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4.
F3 These options were granted on September 11, 2023. One-third vested on the grant date and the remainder vests in equal installments on each of July 16, 2024 and July 16, 2025.

Remarks:

Exhibit List - Exhibit 24.1 - Power of Attorney