Stephen A. Lang - May 23, 2024 Form 4 Insider Report for HYCROFT MINING HOLDING CORP (HYMC)

Role
Director
Signature
/s/ Stephen A. Lang
Stock symbol
HYMC
Transactions as of
May 23, 2024
Transactions value $
$0
Form type
4
Date filed
5/28/2024, 09:47 PM
Previous filing
May 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYMC Class A Common Stock Award $0 +35.9K +77.62% $0.00 82.2K May 23, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction relates to the reporting person's receipt of 35,928 restricted stock units ("RSUs") as the reporting person's 2024 annual equity award grant for service as a non-employee member of the issuer's Board of Directors (22,455 RSUs) and as Chairman of the Board (13,473 RSUs), of which 11,228 RSUs and 6,737 RSUs, respectively, vested on May 23, 2024 (the date of grant), and 11,227 RSUs and 6,736 RSUs, respectively, will vest on the earlier of (i) the date of the first annual meeting of stockholders of the issuer occurring after the date of grant, or (ii) May 23, 2025.
F2 Each RSU represents a contingent right to receive one share of the issuer's Class A common stock (the "Common Stock"). The RSUs will convert into shares of Common Stock upon vesting; provided, however, that if, on the conversion date, the reporting person is prohibited from trading in the issuer's securities pursuant to applicable securities laws or the issuer's policies, the conversion date shall be, in the determination of the Compensation Committee of the issuer's Board of Directors, the second trading day after the date the reporting person is no longer prohibited from trading.
F3 Of this amount, as of May 23, 2024, 17,963 RSUS were unvested and 14,606 vested RSUs have been deferred.

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.