SEC FORM 4 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*
Reyes Alberto
(Last) (First) (Middle)
7900 E. UNION AVE, SUITE 320
(Street)
DENVER CO 80237
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GOLD RESOURCE CORP [ GORO ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2023
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
Common Stock 03/17/2023 A 90,331(1) A $0 195,530(6)(9) 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
Deferred Stock Units (2) 03/17/2023 A 51,242 (3) (3) Common Stock 51,242 $0 51,242 D
Performance Share Units (4) 03/17/2023 A 90,331 (5) (5) Common Stock 90,331 $0 90,331 D
Performance Share Units(6) (7) 03/21/2022 A 63,116 (8) (8) Common Stock 63,116 $0 63,116 D
Performance Share Units(9) (10) 06/24/2022 A 65,900 (11) (11) Common Stock 65,900 $0 65,900 D
Explanation of Responses:
1. Represents restricted stock units issued under Gold Resource Corporation's 2016 Equity Incentive Plan. The restricted stock units are scheduled to vest in three equal tranches on March 17, 2024, March 17, 2025 and March 17, 2026.
2. Each deferred stock unit represents the right to receive one share of the Issuer's common stock or cash equal to the value of one share of the Issuer's common stock.
3. The deferred stock units vest immediately upon date of grant. The deferred stock units shall become redeemable upon the termination of the Reporting Person's service to the Issuer.
4. Each performance share unit represents the right to receive one share of the Issuer's common stock or cash equal to the value of one share of the Issuer's common stock.
5. Represents performance share units issued under Gold Resource Corporation's 2016 Equity Incentive Plan. The Reporting Person may earn between 0-150% of the target performance share units based on the total shareholder return of the Issuer over the three year period from 2023 through 2025, measured against the total shareholder return of selected peer companies. The performance share units are scheduled to 100% vest at December 31, 2025.
6. The Reporting Person's Form 4 filing on March 23, 2022 inadvertently reported performance share units in Table I. This Form 4 properly reflects the performance share units in Table II.
7. Each performance share unit represents the right to receive one share of the Issuer's common stock or cash equal to the value of one share of the Issuer's common stock.
8. Represents performance share units issued under Gold Resource Corporation's 2016 Equity Incentive Plan. The performance share units are scheduled to vest on December 31, 2023.
9. The Reporting Person's Form 4 filing on June 28, 2022 inadvertently reported performance share units in Table I. This Form 4 properly reflects the performance share units in Table II.
10. Each performance share unit represents the right to receive one share of the Issuer's common stock or cash equal to the value of one share of the Issuer's common stock.
11. Represents performance share units issued under Gold Resource Corporation's 2016 Equity Incentive Plan. The performance share units are scheduled to vest on December 31, 2024.
/s/ Kim Perry as attorney-in-fact for Alberto Reyes 03/17/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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