0000950103-20-021451.txt : 20201103 0000950103-20-021451.hdr.sgml : 20201103 20201103173554 ACCESSION NUMBER: 0000950103-20-021451 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201030 FILED AS OF DATE: 20201103 DATE AS OF CHANGE: 20201103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dubas Adam CENTRAL INDEX KEY: 0001828700 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39649 FILM NUMBER: 201284518 MAIL ADDRESS: STREET 1: 8400 E. CRESCENT PARKWAY, SUITE 600 CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Gatos Silver, Inc. CENTRAL INDEX KEY: 0001517006 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 272654848 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 8400 E. CRESCENT PARKWAY STREET 2: SUITE 600 CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 BUSINESS PHONE: 303-784-5350 MAIL ADDRESS: STREET 1: 8400 E. CRESCENT PARKWAY STREET 2: SUITE 600 CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 FORMER COMPANY: FORMER CONFORMED NAME: Sunshine Silver Mining & Refining Corp DATE OF NAME CHANGE: 20190618 FORMER COMPANY: FORMER CONFORMED NAME: SUNSHINE SILVER MINES Corp DATE OF NAME CHANGE: 20110330 4 1 dp140050_4-dubas.xml FORM 4 X0306 4 2020-10-30 0 0001517006 Gatos Silver, Inc. GATO 0001828700 Dubas Adam C/O GATOS SILVER, INC. 8400 E. CRESCENT PARKWAY, SUITE 600 GREENWOOD VILLAGE CO 80111 0 1 0 0 Chief Administrative Officer Common Stock 2020-10-30 4 A 0 5732 5.60 A 8097 D Common Stock 2020-10-30 4 P 0 2000 7.00 A 10097 D Employee Stock Option (Right to Buy) 27.66 2022-10-30 Common Stock 5750 5750 D Employee Stock Option (Right to Buy) 27.66 2023-02-16 Common Stock 5750 5750 D Employee Stock Option (Right to Buy) 7.00 2025-02-08 Common Stock 10000 10000 D Employee Stock Option (Right to Buy) 7.00 2025-12-23 Common Stock 7892 7892 D Employee Stock Option (Right to Buy) 9.00 2026-12-15 Common Stock 15000 15000 D Employee Stock Option (Right to Buy) 9.00 2027-12-05 Common Stock 20000 20000 D Employee Stock Option (Right to Buy) 12.00 2029-05-03 Common Stock 25000 25000 D Employee Stock Option (Right to Buy) 12.00 2030-01-20 Common Stock 25000 25000 D Employee Stock Option (Right to Buy) 7.00 2030-10-27 Common Stock 75000 75000 D 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. 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). These options were granted on October 30, 2012 and are fully vested. These options were granted on February 16, 2013 and are fully vested. These options were granted on February 8, 2015 and are fully vested. These options were granted on December 23, 2015 and are fully vested. These options were granted on August 31, 2017. Three quarters of these options have vested and the remaining 1/4th vests on December 15, 2020. 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. 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. 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. 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. Stock option exercise prices and outstanding shares have been adjusted to reflect a 1 for 2 reverse stock split affected on October 30, 2020 in connection with the Reorganization. /s/ Roger Johnson as Attorney-in Fact, for Adam Dubas 2020-11-03