Allen J. Palmiere - 14 Mar 2024 Form 4 Insider Report for GOLD RESOURCE CORP (GORO)

Role
Chief Executive Officer, Director
Signature
/s/ Chet Holyoak as attorney-in-fact for Allen Palmiere
Issuer symbol
GORO
Transactions as of
14 Mar 2024
Net transactions value
-$37,830
Form type
4
Filing time
10 Apr 2024, 14:56:27 UTC
Previous filing
17 Mar 2023
Next 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 +114,324 +29% 513,198 14 Mar 2024 Direct F1
transaction GORO Common Stock Disposed to Issuer $37,830 -114,324 -22% $0.3309 398,874 14 Mar 2024 Direct

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 -114,324 -100% $0.000000* 0 14 Mar 2024 Common Stock 114,324 Direct F1, F2
* 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 03/31/2022 under Gold Resource Corporation's 2016 Equity Incentive Plan, which vested on December 31, 2023. Each PSU vested for one share of the Company's common stock. On 03/14/2024, the PSUs were paid out in cash.
F2 Each performance share unit represents the right to receive up to 1.5 shares of the Company's common shares on the vesting date, depending on the Company's performance compared to a group of peer companies. The conversion of the performance share unit was incorrectly stated in the reporting person's prior Form 4 filed on 03/17/2023.

Remarks:

Exhibit 24 - Power of Attorney