Dale Andres - Dec 9, 2024 Form 4 Insider Report for Gatos Silver, Inc. (GATO)

Signature
/s/ Stephen Bodley as Attorney-in-Fact for Dale Andres
Stock symbol
GATO
Transactions as of
Dec 9, 2024
Transactions value $
$0
Form type
4
Date filed
12/11/2024, 01:42 PM
Previous filing
Jun 12, 2024

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 +73.5K $0.00 73.5K Dec 9, 2024 Common Stock 73.5K $15.34 Direct F1
transaction GATO Restricted Stock Units Award $0 +43.2K $0.00 43.2K Dec 9, 2024 Common Stock 43.2K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options were granted on December 9, 2024. These options shall vest in three equal tranches on each of December 9, 2025, December 9, 2026 and December 9, 2027.
F2 Each restricted share unit (RSUs) represents a contingent right to receive one share of the issuer common stock, an equivalent amount of cash, or a combination thereof upon vesting.
F3 The RSUs will vest on December 9, 2027.