Thomas S. Weng - Jun 2, 2022 Form 4 Insider Report for HYCROFT MINING HOLDING CORP (HYMC)

Role: Director
Signature: /s/ Thomas S. Weng
Stock symbol: HYMC
Transactions as of: Jun 2, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/6/2022, 09:59 PM
Previous filing: May 25, 2022
Next filing: May 25, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HYMC	Class A Common Stock	Award	$0	+52.4K	+148.1%	$0.00	87.9K	Jun 2, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	1.The reported transaction relates to the Reporting Person's receipt of 52,448 restricted stock units ("RSUs") as the Reporting Person's 2022 annual equity award grant for service as a non-employee member of the Issuer's Board of Directors, of which 26,224 vested on the date of issuance and 26,224 will vest on the earlier of (i) the date of the Issuer's first annual meeting of stockholders after the grant date or (ii) June 2, 2023, subject to Reporting Person's continued service on Issuer's Board of Directors.
F2	Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock (the "Common Stock"). The awarded RSUs will convert into shares of Common Stock upon vesting; 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 Issuer's policies, the conversion date shall be, in the determination of the Board's Compensation Committee, the 2nd trading day after the date the Reporting Person is no longer prohibited from such trading.

Content

1.The reported transaction relates to the Reporting Person's receipt of 52,448 restricted stock units ("RSUs") as the Reporting Person's 2022 annual equity award grant for service as a non-employee member of the Issuer's Board of Directors, of which 26,224 vested on the date of issuance and 26,224 will vest on the earlier of (i) the date of the Issuer's first annual meeting of stockholders after the grant date or (ii) June 2, 2023, subject to Reporting Person's continued service on Issuer's Board of Directors.

Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock (the "Common Stock"). The awarded RSUs will convert into shares of Common Stock upon vesting; 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 Issuer's policies, the conversion date shall be, in the determination of the Board's Compensation Committee, the 2nd trading day after the date the Reporting Person is no longer prohibited from such trading.