Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HYMC | Class A Common Stock | Award | $0 | +22.5K | +73.47% | $0.00 | 53K | May 23, 2024 | Direct | F1, F2, F3 |
Id | Content |
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F1 | The reported transaction relates to the reporting person's receipt of 22,455 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, of which 11,228 vested on May 23, 2024 (the date of grant), and 11,227 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, 11,227 were unvested RSUs as of May 23, 2024. |
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.