HYCROFT MINING HOLDING CORP — Director's Dealing 2020

Jul 13, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: HYCROFT MINING HOLDING CORP (HYMC)
CIK: 0001718405
Period of Report: 2020-07-01

Reporting Person: Stieber Jeffrey (Chief Financial Officer)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Class A Common Stock (3309)		Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of HYMC Class A Common Stock (the "Common Stock").

F2: One third of the time based awards vested on May 29, 2020 for 2,701 RSUs which will convert into shares of Common Stock on December 31, 2020. Of the remaining grant value of $68,333.34, $34,166.67 will vest on February 20, 2021 and $34,166.67 will vest on February 20, 2022 into that number of RSUs equal to the vesting grant value divided by the closing price of the Common Stock on such vesting dates. One third of the performance based award vested based on performance criteria for 2019 for 608 RSUs which will convert into shares of Common Stock on December 31, 2020. Of the remaining grant value of $68,333.34, $34,166.67 will vest based on performance criteria and vesting dates set by the Company's board of directors (the "Board") for 2020 and $34,166.67 will vest based on performance criteria and vesting dates to be set by the Board for 2021 into that number of RSUs equal to the vesting grant value divided by the closing price of the Common Stock on such vesting dates.