Yuhasz Chad William 4
4 · Gatos Silver, Inc. · Filed Jan 17, 2025
Insider Transaction Report
Form 4
Yuhasz Chad William
VP Expl. and & Tech Services
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-01-16−15,628→ 0 totalExercise: $15.34Exp: 2034-12-09→ Common Stock (15,628 underlying) - Disposition to Issuer
Restricted Stock Units
2025-01-16−27,500→ 0 totalExercise: $0.00→ Common Stock (27,500 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-01-16−55,000→ 0 totalExercise: $9.80Exp: 2034-04-15→ Common Stock (55,000 underlying) - Disposition to Issuer
Restricted Stock Units
2025-01-16−9,192→ 0 totalExercise: $0.00→ Common Stock (9,192 underlying)
Footnotes (2)
- [F1]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.)
- [F2]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. (See "Remarks" below for an explanation of defined terms.)