Nicolas Vachon - Jan 15, 2024 Form 4 Insider Report for Gatos Silver, Inc. (GATO)

Role: Vice President, Finance
Signature: /s/ Stephen Bodley as Attorney-in-Fact for Nicolas Vachon
Stock symbol: GATO
Transactions as of: Jan 15, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/17/2024, 03:44 PM
Previous filing: Sep 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GATO	Common Stock	Award	$0	+13K	+28.75%	$0.00	58.1K	Jan 15, 2024	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GATO	Employee Stock Option (Right to Buy)	Award	$0	+25.9K		$0.00	25.9K	Jan 15, 2024	Common Stock	25.9K	$6.41	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Consists entirely of restricted stock units ("RSUs") which vest on December 31, 2026.
F2	These options were granted on January 15, 2024 and shall vest in three equal tranches on each of January 15, 2025, January 15, 2026 and January 15, 2027.