| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GATO | Common Stock | Options Exercise | +39.8K | +13.26% | 340K | Dec 19, 2024 | Direct | F1, F2 | ||
| transaction | GATO | Common Stock | Disposed to Issuer | -$591K | -39.8K | -11.71% | $14.87 | 300K | Dec 19, 2024 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GATO | Performance Stock Units | Options Exercise | -39.8K | -100% | 0 | Dec 19, 2024 | Common Stock | 39.8K | Direct | F2, F3 |
| Id | Content |
|---|---|
| F1 | On December 17, 2021 (the Grant Date), the reporting person was granted performance stock units (the PSUs) (with a target amount of 6,360 shares), each of which represents the right to receive cash or shares of common stock of Gatos Silver, Inc. (the Issuer), or a combination thereof, as determined by the Compensation Committee (the Compensation Committee) of the Issuer following the vesting date. The PSUs vest (between 0% and 200% of target) following a three-year performance period starting on the Grant Date and ending December 17, 2024 (the Vesting Date), based on the Issuer achievement of relative total stockholder return. On December 19, 2024, the Compensation Committee determined that 10,622 PSUs vested and that such PSUs would be settled in cash, based on an equivalent number of shares of the Issuer common stock valued at the closing price of the Issuer common stock on the Vesting Date. |
| F2 | The PSUs were cash-settled and were deemed to have settled for an equivalent number of shares of the Issuer common stock. |
| F3 | Each PSU is the economic equivalent of one share of the Issuer common stock. |