Jeffrey Stieber - May 28, 2021 Form 4 Insider Report for HYCROFT MINING HOLDING CORP (HYMC)

Signature
Jeffrey Stieber
Stock symbol
HYMC
Transactions as of
May 28, 2021
Transactions value $
$0
Form type
4
Date filed
6/2/2021, 05:11 PM
Previous filing
May 24, 2021
Next filing
Jun 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYMC Class A Common Stock Options Exercise $0 +4.78K +9.55% $0.00 54.8K May 28, 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 transaction relates to conversion of 4,779 RSUs into Common Stock on May 28, 2021 in connection with the 14,336 RSUs granted on December 15, 2020 (the "December 2020 RSUs") . The Reporting Person has reported prior awards of RSUs on Table II of Form 4, including the December 2020 RSUs. The total reported in line one of Column 5 includes (i) the remaining 9,557 December 2020 RSUs which will vest ratably on each of May 27, 2022 and May 29, 2023, subject to Reporting Person's continued employment with the Issuer, (ii) 32,304 RSUs issued on March 2, 2021, which will vest in 3 equal installments on each of March 15, 2022; March 15, 2023 and March 15, 2024 subject to the reporting person's continued employment with the Issuer and (iii) 8,183 shares of Common Stock held directly by the Reporting Person. The amount of the remaining RSUs which were granted on May 20, 2019 and vest on February 18, 2022, will be determined based upon the Common Stock price on February 18, 2022.
F3 RSUs will convert into shares of Common Stock upon vesting; 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.