HYCROFT MINING HOLDING CORP — Director's Dealing 2020

Dec 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HYCROFT MINING HOLDING CORP (HYMC)
CIK: 0001718405
Period of Report: 2020-12-04

Reporting Person: Harrison Michael James (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-04	Class A Common Stock	M	5047	—	Acquired	5047	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-04	Restricted Stock Units	$	A	6730	Acquired		Class A Common Stock (6730.0)	Direct
2020-12-04	Restricted Stock Units	$	A	10095	Acquired		Class A Common Stock (10095.0)	Direct
2020-12-04	Restricted Stock Units	$	M	5047	Acquired		Class A Common Stock (5047.0)	Direct

Footnotes

F1: Represents the 50% of the Annual Grant (described in footnote 4) that vested immediately upon grant and converted into shares of the Issuer's Class A Common Stock.

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: 6,730 RSUs were granted on December 4, 2020 as the reporting person's initial equity grant in connection with the reporting person's service on the Issuer's Board of Directors. Subject to the reporting person's continued service on the Issuer's Board of Directors, the RSUs will vest in three equal annual installments beginning on May 29, 2021. RSUs will convert into shares of the Issuer's Class A Common Stock upon vesting; provided, however, that if, on that conversion date, the reporting person is prohibited from trading in the Issuer's securities pursuant to applicable securities laws or the Company's policies, the conversion date shall be, in the determination of the Board's Compensation Committee, the 2nd trading day after the date the reporting person is no longer prohibited from such trading.

F4: 10,095 RSUs were granted on December 4, 2020 as the reporting person's 2020 annual equity grant ("Annual Grant") for service on the Issuer's Board of Directors. 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. RSUs will convert into shares of the Issuer's Class A Common Stock upon vesting; provided, however, that if, on that conversion date, the reporting person is prohibited from trading in the Issuer's securities pursuant to applicable securities laws or the Company's policies, the conversion date shall be, in the determination of the Board's Compensation Committee, the 2nd trading day after the date the reporting person is no longer prohibited from such trading.