Diane R. Garrett - 18 Apr 2023 Form 4 Insider Report for HYCROFT MINING HOLDING CORP (HYMC)

Signature
/s/ Diane R. Garrett
Issuer symbol
HYMC
Transactions as of
18 Apr 2023
Net transactions value
$0
Form type
4
Filing time
20 Apr 2023, 17:29:46 UTC
Previous filing
01 Mar 2023
Next filing
03 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYMC Class A Common Stock Award $0 +1,000,000 +83% $0.000000 2,205,776 18 Apr 2023 Direct F1, F2
holding HYMC Class A Common Stock 8,000 18 Apr 2023 Through spouse's IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the award of restricted stock units ("RSUs"). Subject to the reporting person's continued employment with the issuer, 1/3 of the RSUs vest on each of April 18, 2024, April 18, 2025, and April 18, 2026. Each RSU represents a contingent right to receive one share of the issuer's Class A common stock (the "Common Stock"). On the respective vesting date, vested RSUs will convert into shares of Common Stock; provided, however, that if, on that conversion date, the reporting person is prohibited from trading in the issuer's securities pursuant to applicable securities laws or the Company's policies, the conversion date shall be, in the determination of the Compensation Committee of the issuer's Board of Directors, the 2nd trading day after the date the reporting person is no longer prohibited from such trading.
F2 Of this amount, 1,998,470 are unvested RSUs.