Jeffrey Stieber - May 20, 2021 Form 4 Insider Report for HYCROFT MINING HOLDING CORP (HYMC)

Role
SVP Finance & Treasurer
Signature
Jeffrey Stieber
Stock symbol
HYMC
Transactions as of
May 20, 2021
Transactions value $
$0
Form type
4
Date filed
5/24/2021, 04:25 PM
Next filing
Jun 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYMC Class A Common Stock Options Exercise +8.18K 8.18K May 20, 2021 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 HYMC Restricted Stock Units Options Exercise $0 +8.18K $0.00* 0 May 20, 2021 Class A Common Stock 8.18K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into HYMC Class A Common Stock (the "Common Stock") on a one-for-one basis.
F2 On February 20, 2019, $102,500 of RSUs were granted to Mr. Stieber which vest pro rata in equal installments on each of May 29, 2020, February 19, 2021 and February 18, 2022. The number of shares of Common Stock that the RSUs convert into is based upon the Common Stock price on each vesting date. Vested RSUs convert into Common Stock on each applicable vesting date, provided that, if on the applicable vesting date, the holder is prohibited from trading under HYMC's policies or pursuant to applicable securities laws, the conversion date will be the 2nd trading day after the date such prohibitions no longer apply. On May 20, 2021, the first tranche of RSUs converted into 3,309 shares of Common Stock and the second tranche converted into 4,874 shares of Common Stock.
F3 The number of RSUs remaining will be determined based upon the Common Stock price on February 18, 2022, the third tranche vesting date.