SEC Form 4 · accession 0001179110-17-011174
GOLD RESOURCE CORP · GORO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory A Patterson
Officer — VP Corporate Development
Period of report
Aug 3, 2017
Accepted (ET)
Aug 4, 2017 · 9:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001160791
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 3, 2017 | M | 3,623 | $0.00 | A | 365,553 | D | |
| Common Stock | holding | — | — | — | 43,740 | I | As trustee of Patterson Grandchildren Trust | |
| Common Stock | holding | — | — | — | 6,000 | I | By custodial account fbo Mr. Patterson's children | |
| Common Stock | holding | — | — | — | 300,000 | I | By limited liability company |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Aug 3, 2017 | M | 3,623 | D | — | — | Common Stock | 3,623 | 7,247 | D |
Explanation of responses
- F1The restricted stock units granted to the reporting person on July 6, 2016 vested and such restricted stock units settled for shares of the Company's common stock.
- F2Each restricted stock unit represents the contingent right to receive one share of the Company's common stock upon vesting of the unit.
- F3The awards vest in three equal tranches on the anniversary of the 7/6/16 grant date unless such anniversary occurs during a trading "blackout period" for employees, then vesting shall occur on the first business day thereafter on which the employee trading window is open and available, assuming continued employment through the applicable vesting date and shall expire on the vesting date of the third tranche of units.