4//SEC Filing
Andres Dale 4
Accession 0000950170-25-006806
CIK 0001517006other
Filed
Jan 16, 7:00 PM ET
Accepted
Jan 17, 5:23 PM ET
Size
22.9 KB
Accession
0000950170-25-006806
Insider Transaction Report
Form 4
Andres Dale
DirectorCEO
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-01-16−187,500→ 0 totalExercise: $6.41Exp: 2034-01-15→ Common Stock (187,500 underlying) - Disposition to Issuer
Restricted Stock Units
2025-01-16−93,750→ 0 totalExercise: $0.00→ Common Stock (93,750 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-01-16−200,000→ 0 totalExercise: $18.03Exp: 2031-06-22→ Common Stock (200,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-01-16−150,000→ 0 totalExercise: $18.03Exp: 2031-06-22→ Common Stock (150,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-01-16−73,487→ 0 totalExercise: $15.34Exp: 2034-12-09→ Common Stock (73,487 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-01-16−117,000→ 0 totalExercise: $10.47Exp: 2031-12-27→ Common Stock (117,000 underlying) - Disposition to Issuer
Common Stock
2025-01-16−299,839→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-01-16−339,583→ 0 totalExercise: $5.04Exp: 2033-09-11→ Common Stock (339,583 underlying) - Disposition to Issuer
Restricted Stock Units
2025-01-16−43,220→ 0 totalExercise: $0.00→ Common Stock (43,220 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to 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"). Under the terms of 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.
- [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.
- [F3]Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding restricted stock unit beneficially owned by the Reporting Person became fully vested and will settle for the right to receive the Merger Consideration.
Documents
Issuer
Gatos Silver, Inc.
CIK 0001517006
Entity typeother
Related Parties
1- filerCIK 0001866675
Filing Metadata
- Form type
- 4
- Filed
- Jan 16, 7:00 PM ET
- Accepted
- Jan 17, 5:23 PM ET
- Size
- 22.9 KB