Gatos Silver (GATO) CFO van Niekerk returned to the company 274,682 units

Insider transactions reported

Pieter A. van Niekerk (CFO at Gatos Silver Inc., GATO) reported that they returned to the company 274,682 units on Jan 16, 2025.

Reporting person

van Niekerk Pieter A.

Role

CFO

Options and other derivatives

Holdings before and after

• Employee Stock Option (Right to Buy): 161,302 to 0 direct
• Restricted Stock Units: 142,846 to 0 direct

Footnotes from the filing

1. 1. Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding Issuer stock option beneficially owned by the Reporting Person, whether vested or unvested, was assumed by First Majestic and converted into options to acquire First Majestic Common Shares (the Converted Options ). The Converted Options are subject to the same terms and conditions that were applicable to them prior to the Merger, except that (i) the Converted Options relate to common shares of First Majestic, and (ii) the number of First Majestic common shares subject to the Converted Options and the exercise prices thereof were determined based upon the exchange ratio pursuant to the Merger Agreement. (See Remarks below for an explanation of defined terms.)
2. 2. Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding restricted stock unit beneficially owned by the Reporting Person became fully vested and will settle for the right to receive the Merger Consideration. (See Remarks below for an explanation of defined terms.)

Transaction codes in this filing

Sale back to the company:

Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.

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