4//SEC Filing
Mudrick Capital Management LLC 4
Accession 0001140361-20-027737
CIK 0001718405other
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 9:34 PM ET
Size
34.5 KB
Accession
0001140361-20-027737
Insider Transaction Report
Form 4
Mudrick Jason
DirectorCEO10% Owner
Transactions
- Award
Restricted Stock Units
2020-12-04+6,730→ 6,730 total(indirect: See notes)→ Class A Common Stock (6,730 underlying) - Award
Restricted Stock Units
2020-12-04+10,095→ 10,095 total(indirect: See notes)→ Class A Common Stock (10,095 underlying)
Mudrick Capital Management LLC
10% Owner
Transactions
- Award
Restricted Stock Units
2020-12-04+6,730→ 6,730 total(indirect: See notes)→ Class A Common Stock (6,730 underlying) - Award
Restricted Stock Units
2020-12-04+10,095→ 10,095 total(indirect: See notes)→ Class A Common Stock (10,095 underlying)
Mudrick Capital Management, L.P.
10% Owner
Transactions
- Award
Restricted Stock Units
2020-12-04+6,730→ 6,730 total(indirect: See notes)→ Class A Common Stock (6,730 underlying) - Award
Restricted Stock Units
2020-12-04+10,095→ 10,095 total(indirect: See notes)→ Class A Common Stock (10,095 underlying)
Footnotes (5)
- [F1]This statement is being filed by the following Reporting Persons: Mudrick Capital Management, L.P. ("Mudrick Capital"); Jason Mudrick; and Mudrick Capital Management, LLC ("Mudrick Capital GP").
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of HYMC Class A Common Stock, par value $0.0001 per share.
- [F3]Represents an award of RSUs granted by the Issuer on December 4, 2020, in connection with David Kirsch's service on the Issuer's Board of Directors issued to Mudrick Capital. Subject to Mr. Kirsch's continued service on the Issuer's Board of Directors, the RSUs will vest in three equal annual installments beginning on May 29, 2021. Vested RSUs will convert into shares of the Issuer's Class A Common Stock upon Mr. Kirsch's separation of service from the Issuer's Board of Directors.
- [F4]Represents an award of RSUs granted by the Issuer on December 4, 2020, in connection with Mr. Kirsch's service on the Issuer's Board of Directors issued to Mudrick Capital. 50% of these RSUs vest immediately on the date of grant and, subject to the reporting person's continued service on the Issuer's Board of Directors, the remaining 50% will vest on the earlier of (a) the Issuer's first annual meeting of stockholders held after the grant date or (b) May 29, 2021. Vested RSUs will convert into shares of the Issuer's Class A Common Stock upon Mr. Kirsch's separation of service from the Issuer's Board of Directors.
- [F5]Mr. Kirsch is a Managing Director and Senior Analyst at Mudrick Capital and serves as a director on the Board of Directors of the Issuer. Each of the Reporting Persons is a "director by deputization" solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.
Issuer
HYCROFT MINING HOLDING CORP
CIK 0001718405
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001730922
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 9:34 PM ET
- Size
- 34.5 KB