Allen Palmiere - Mar 17, 2023 Form 4 Insider Report for GOLD RESOURCE CORP (GORO)

Role
CEO, President, Director
Signature
/s/ Kim Perry as attorney-in-fact for Allen Palmiere
Stock symbol
GORO
Transactions as of
Mar 17, 2023
Transactions value $
$0
Form type
4
Date filed
3/17/2023, 09:50 PM
Previous filing
Jun 28, 2022
Next filing
Apr 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GORO Common Stock Award $0 +188K +89.58% $0.00 399K Mar 17, 2023 Direct F1, F6, F9

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 Deferred Stock Units Award $0 +112K $0.00 112K Mar 17, 2023 Common Stock 112K Direct F2, F3
transaction GORO Performance Share Units Award $0 +188K $0.00 188K Mar 17, 2023 Common Stock 188K Direct F4, F5
transaction GORO Performance Share Units Award $0 +114K $0.00 114K Mar 21, 2022 Common Stock 114K Direct F6, F7, F8
transaction GORO Performance Share Units Award $0 +132K $0.00 132K Jun 24, 2022 Common Stock 132K Direct F9, F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units issued under Gold Resource Corporation's 2016 Equity Incentive Plan. The restricted stock units are scheduled to vest in three equal tranches on March 17, 2024, March 17, 2025 and March 17, 2026
F2 Each deferred stock unit represents the right to receive one share of the Issuer's common stock or cash equal to the value of one share of the Issuer's common stock.
F3 The deferred stock units vest immediately upon date of grant. The deferred stock units shall become redeemable upon the termination of the Reporting Person's service to the Issuer.
F4 Each performance share unit represents the right to receive one share of the Issuer's common stock or cash equal to the value of one share of the Issuer's common stock.
F5 Represents performance share units issued under Gold Resource Corporation's 2016 Equity Incentive Plan. The Reporting Person may earn between 0-150% of the target performance share units based on the total shareholder return of the Issuer over the three year period from 2023 through 2025, measured against the total shareholder return of selected peer companies. The performance share units are scheduled to 100% vest at December 31, 2025.
F6 The Reporting Person's Form 4 filing on March 23, 2022 inadvertently reported performance share units in Table I. This Form 4 properly reflects the performance share units in Table II.
F7 Each performance share unit represents the right to receive one share of the Issuer's common stock or cash equal to the value of one share of the Issuer's common stock.
F8 Represents performance share units issued under Gold Resource Corporation's 2016 Equity Incentive Plan. The performance share units are scheduled to vest on December 31, 2023.
F9 The Reporting Person's Form 4 filing on June 28, 2022 inadvertently reported performance share units in Table I. This Form 4 properly reflects the performance share units in Table II.
F10 Each performance share unit represents the right to receive one share of the Issuer's common stock or cash equal to the value of one share of the Issuer's common stock.
F11 Represents performance share units issued under Gold Resource Corporation's 2016 Equity Incentive Plan. The performance share units are scheduled to vest on December 31, 2024.