Jeffrey Stieber - Jun 14, 2021 Form 4 Insider Report for HYCROFT MINING HOLDING CORP (HYMC)

Signature
Jeffrey Stieber
Stock symbol
HYMC
Transactions as of
Jun 14, 2021
Transactions value $
-$47,394
Form type
4
Date filed
6/16/2021, 04:06 PM
Previous 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 Sale -$47.4K -12.9K -23.56% $3.67* 41.9K Jun 14, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total reported in line one of Column 5 reflects the sale of the Issuer's Class A Common Stock ("Common Stock") in the reported transaction and (i) 9,605 restricted stock units ("RSUs") representing a contingent right to receive one share of the Issuer's Common Stock, which RSUs were issued to the Reporting person on December 15, 2020, with 4,731 vesting on May 27, 2022 and 4,874 vesting on May 29, 2023, subject to Reporting Person's continued employment with the Issuer and (ii) 32,304 RSUs issued on March 2, 2021, which will vest 33% on March 15, 2022; 33% on March 15, 2023 and 34% on March 15, 2024 subject to the reporting person's continued employment with the Issuer. 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.
F2 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.