Diane R. Garrett - Mar 25, 2024 Form 4 Insider Report for HYCROFT MINING HOLDING CORP (HYMC)

Signature
/s/ Diane R. Garrett
Stock symbol
HYMC
Transactions as of
Mar 25, 2024
Transactions value $
-$32,500
Form type
4
Date filed
5/28/2024, 06:22 PM
Previous filing
Mar 1, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYMC Class A Common Stock Sale -$3.24K -1.5K -0.7% $2.16 211K Mar 25, 2024 Direct F1, F2, F3
transaction HYMC Class A Common Stock Sale -$29.3K -7.78K -3.69% $3.76 203K Apr 25, 2024 Direct F1, F2, F4
transaction HYMC Class A Common Stock Award $0 -60K -18.56% $0.00 263K May 23, 2024 Direct F1, F5, F6
holding HYMC Class A Common Stock 800 Mar 25, 2024 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 sale of shares of common stock in order to facilitate the payment of taxes related to vested restricted stock units ("RSUs") held by the reporting person that were converted to shares of common stock.
F2 The sale price represents the weighted average sale price of the shares sold.
F3 Of this amount, 132,506 were unvested RSUs as of March 25, 2024.
F4 Of this amount, 132,506 were unvested RSUs as of April 25, 2024.
F5 Represents the award of RSUs by the issuer. Subject to the reporting person's continued employment with the issuer, 33% of the RSUs vest on each of May 23, 2025 and May 23, 2026 and 34% vest on May 23, 2027. 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.
F6 Of this amount, 192,506 were unvested RSUs as of May 23, 2024.

Remarks:

On November 14, 2023, the issuer effectuated a 1-for-10 reverse stock split of its common stock. All transactions and share amounts reported on this Form 4 give effect to the reverse stock split.