Key facts
- This page summarizes Quintanilla Daniel Muniz's Form 4 filing for Gatos Silver, Inc..
- 6 reported transactions and 5 derivative rows are listed below.
- Accepted by SEC: 17 Jan 2025, 17:44.
Quintanilla Daniel Muniz - 16 Jan 2025 Form 4 Insider Report for Gatos Silver, Inc.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 16 Jan 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 17 Jan 2025, 17:44:34 UTC
- Prior SEC filing
- 02 Jan 2025
- Next SEC filing
- 03 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Stephen Bodley as Attorney-in-Fact for Daniel Muniz Quintanilla
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Quintanilla Daniel Muniz filed Form 4 for Gatos Silver, Inc. on 17 Jan 2025.
Change
- Previous filing in this sequence was filed on 02 Jan 2025.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GATO
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -26,881
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 16 Jan 2025
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
GATO
transaction
Derivative
Stock Option (Right to Buy)
Disposed to Issuer
- Transaction value
- Shares
- -1,128
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,128
- Exercise price
- $12.03
- Footnotes
- F2
GATO
transaction
Derivative
Stock Option (Right to Buy)
Disposed to Issuer
- Transaction value
- Shares
- -4,377
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,377
- Exercise price
- $18.03
- Footnotes
- F2
GATO
transaction
Derivative
Stock Option (Right to Buy)
Disposed to Issuer
- Transaction value
- Shares
- -12,545
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12,545
- Exercise price
- $5.04
- Footnotes
- F2
GATO
transaction
Derivative
Stock Option (Right to Buy)
Disposed to Issuer
- Transaction value
- Shares
- -19,175
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 19,175
- Exercise price
- $4.74
- Footnotes
- F2
GATO
transaction
Derivative
Stock Option (Right to Buy)
Disposed to Issuer
- Transaction value
- Shares
- -4,988
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 16 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,988
- Exercise price
- $15.34
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Quintanilla Daniel Muniz is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Represents shares underlying deferred stock units ("DSUs") of the Issuer, which were fully vested on the grant date. Pursuant to the Merger Agreement, each DSU beneficially owned by the Reporting Person will settle for the right to receive the Merger Consideration. (See "Remarks" below for an explanation of defined terms.)
Footnote F2
Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding Issuer stock option beneficially owned by the Reporting Person, whether vested or unvested, was assumed by First Majestic and converted into options to acquire First Majestic Common Shares (the "Converted Options"). The Converted Options are subject to the same terms and conditions that were applicable to them prior to the Merger, except that (i) the Converted Options relate to common shares of First Majestic, and (ii) the number of First Majestic common shares subject to the Converted Options and the exercise prices thereof were determined based upon the exchange ratio pursuant to the Merger Agreement. (See "Remarks" below for an explanation of defined terms.)
SEC remarks
This Form 4 reports securities disposed of in connection with the Agreement and Plan of Merger, dated as of September 5, 2024 (the "Merger Agreement"), by and among Gatos Silver, Inc. (the "Issuer"), First Majestic Silver Corp. ("First Majestic") and Ocelot Transaction Corporation, a wholly-owned subsidiary of First Majestic ("Merger Sub"), whereby Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving entity and a wholly-owned subsidiary of First Majestic (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger, each share of the Issuer's common stock, par value $0.001 per share (the "Common Stock"), issued and outstanding prior to the Merger was converted into the right to receive 2.55 First Majestic common shares (the "Merger Consideration") and cash in lieu of any fractional First Majestic common shares.