Hycroft Mining Holding (HYMC) Form 4 HYCROFT MINING HOLDING / MARNI WIESHOFER ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

WIESHOFER MARNI

(Last) (First) (Middle)

C/O HYCROFT MINING HOLDING CORPORATION

8181 E. TUFTS AVE., SUITE 510

(Street)

DENVER CO 80237

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HYCROFT MINING HOLDING CORP [ HYMC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/04/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	12/04/2020		M		5,047	A	(1)	5,047	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	12/04/2020		A		6,730		(3)	(3)	Class A Common Stock	6,730	$0	6,730	D
Restricted Stock Units	(2)	12/04/2020		A		10,095		(4)	(4)	Class A Common Stock	10,095	$0	10,095	D
Restricted Stock Units	(2)	12/04/2020		M		5,047		(1)	(1)	Class A Common Stock	5,047	$0	5,048	D

Explanation of Responses:

1. 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.

2. 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.

3. 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.

4. 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.

Remarks:

	/s/ Marni Wieshofer	12/07/2020
	** Signature of Reporting Person	Date
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