Stephen A. Lang - May 24, 2021 Form 4 Insider Report for HYCROFT MINING HOLDING CORP (HYMC)

Role
Director
Signature
Stephen A. Lang
Stock symbol
HYMC
Transactions as of
May 24, 2021
Transactions value $
$0
Form type
4
Date filed
5/26/2021, 07:10 PM
Next filing
May 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYMC Class A Common Stock Award $0 +33.8K $0.00 33.8K May 24, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock ("Common Stock").
F2 The reported transactions involved the Reporting Person's receipt of (i) 13,514 RSUs as the Reporting Person's initial equity award grant for service as a non-employee member of the Issuer's Board of Directors and (ii) 20,270 RSUs as the Reporting Person's annual equity award grant for service as a non-employee member of the Issuer's Board of Directors. The total reported in Column 5 includes (i) the 20,270 newly awarded RSUs of which 10,135 vested on the date of issuance and 10,135 will vest on May 24, 2022, subject to Reporting Person's continued service on Issuer's Board of Directors, and (ii) 13,514 newly awarded RSUs, with 4,505 of such RSUs vesting on May 24, 2022, 4,505 vesting on May 24, 2023 and 4,504 vesting on May 24, 2023, subject to Reporting Person's continued service on the Issuer's Board of Directors.
F3 Vested RSUs will convert into shares of the Common Stock upon the Reporting Person's separation of service from the Issuer's Board of Directors; 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.