4//SEC Filing
Orr Stephen A. 4
Accession 0000950103-20-021450
CIK 0001517006other
Filed
Nov 2, 7:00 PM ET
Accepted
Nov 3, 5:33 PM ET
Size
22.7 KB
Accession
0000950103-20-021450
Insider Transaction Report
Form 4
Orr Stephen A.
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2020-10-30$5.60/sh+14,969$83,826→ 14,969 total
Holdings
- 51,579(indirect: By LLC)
Common Stock
- 290,000
Employee Stock Option (Right to Buy)
Exercise: $7.00Exp: 2030-10-27→ Common Stock (290,000 underlying) - 300,000
Employee Stock Option (Right to Buy)
Exercise: $27.66Exp: 2022-10-30→ Common Stock (300,000 underlying) - 115(indirect: By Spouse)
Employee Stock Option (Right to Buy)
Exercise: $9.00Exp: 2026-12-15→ Common Stock (115 underlying) - 126,000
Employee Stock Option (Right to Buy)
Exercise: $12.00Exp: 2029-05-03→ Common Stock (126,000 underlying) - 114,437(indirect: By Spouse)
Employee Stock Option (Right to Buy)
Exercise: $7.00Exp: 2025-12-23→ Common Stock (114,437 underlying) - 126,000
Employee Stock Option (Right to Buy)
Exercise: $9.00Exp: 2027-12-05→ Common Stock (126,000 underlying) - 300,000
Employee Stock Option (Right to Buy)
Exercise: $27.66Exp: 2023-02-16→ Common Stock (300,000 underlying) - 145,000(indirect: By Spouse)
Employee Stock Option (Right to Buy)
Exercise: $7.00Exp: 2025-02-08→ Common Stock (145,000 underlying) - 91,235(indirect: By Trust)
Common Stock
- 124,885
Employee Stock Option (Right to Buy)
Exercise: $9.00Exp: 2026-12-15→ Common Stock (124,885 underlying) - 126,000
Employee Stock Option (Right to Buy)
Exercise: $12.00Exp: 2030-01-20→ Common Stock (126,000 underlying)
Footnotes (14)
- [F1]Represents shares of common stock acquired using deferrals of salary at a price equal to 80% of the price of shares sold in Gatos Silver, Inc.'s (the "Issuer") public offering, with the Reporting Person's account credited with a cash value of 125% of the reporting person's deferred salary.
- [F10]These options were granted on August 31, 2017 and are fully vested. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
- [F11]These options were granted on December 6, 2017. One half of these options have vested and the remaining one-half vests in equal installments on each of December 5, 2020 and December 5, 2021.
- [F12]These options were granted on May 3, 2019. One fourth of these options have vested and the remaining three fourths vest in equal installments on each of December 14, 2020, December 14, 2021 and December 14, 2022.
- [F13]These options were granted on January 20, 2020. These options vest in three equal installments on each of January 20, 2021, January 20, 2022 and January 20, 2023
- [F14]These options were granted on October 27, 2020 and vest in three equal annual installments on each of October 27, 2021, October 27, 2022 and October 27, 2023.
- [F2]Reflects a reorganization (the "Reorganization") of the Issuer on October 30, 2020, in which Silver Opportunity Partners LLC ("SOP") became a wholly owned subsidiary of a newly created Delaware corporation named Silver Opportunity Partners Corporation ("SOP Corporation") and each share of the Issuer's common stock outstanding immediately prior to the Reorganization was exchanged for (i) approximately 0.39406 shares of Issuer common stock (subject to rounding to eliminate fractional shares) and (ii) approximately 0.10594 shares of common stock of SOP Corporation (subject to rounding to eliminate fractional shares).
- [F3]The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
- [F4]The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
- [F5]These options were granted on October 30, 2012 and are fully vested.
- [F6]These options were granted on February 16, 2013 and are fully vested.
- [F7]These options were granted on February 8, 2015 and are fully vested. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
- [F8]These options were granted on December 23, 2015 and are fully vested. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
- [F9]These options were granted on August 31, 2017. 187,269 of these options have vested and the remaining options vest on December 15, 2020.
Documents
Issuer
Gatos Silver, Inc.
CIK 0001517006
Entity typeother
Related Parties
1- filerCIK 0001828658
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 7:00 PM ET
- Accepted
- Nov 3, 5:33 PM ET
- Size
- 22.7 KB