Sec Form 4 Filing - Reid Jason D. @ GOLD RESOURCE CORP - 2020-12-29

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

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Reid Jason D. 2. Issuer Name and Ticker or Trading Symbol GOLD RESOURCE CORP [ GORO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) CEO and President (Last) (First) (Middle) 2000 S. COLORADO BLVD, SUITE 10200 3. Date of Earliest Transaction (MM/DD/YY) 12/29/2020 (Street) DENVER, CO80222 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 12/29/2020 M 9,525 A 699,917 D Common Stock 12/29/2020 M 98,029 A 797,946 D Common Stock 12/29/2020 F 52,368 D $ 3.13 745,578 D Common Stock 107,575 I By spouse Common Stock 72,088 I By trust Common Stock 71,450 I By trust Common Stock 300,000 I By LLC

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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 ) ( 3 ) 12/29/2020 A 1,905 08/15/2021 ( 4 ) Common Stock 1,905 $ 0 9,525 D Restricted Stock Units ( 3 ) 12/29/2020 M 9,525 ( 5 ) ( 5 ) Common Stock 9,525 $ 0 0 D Restricted Stock Units ( 2 ) ( 3 ) 12/29/2020 A 19,606 ( 6 ) ( 4 ) Common Stock 19,606 $ 0 98,029 D Restricted Stock Units ( 3 ) 12/29/2020 M 98,029 ( 5 ) ( 5 ) Common Stock 98,029 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Reid Jason D. 2000 S. COLORADO BLVD SUITE 10200 DENVER, CO80222 X CEO and President Signatures Jessica M. Browne, as attorney-in-fact 12/31/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The restricted stock units granted to the Reporting Person vested on December 29, 2020 and such restricted stock units settled for shares of the Company's common stock. ( 2 )The Reporting Person was granted additional RSUs pursuant to an anti-dilution provision contained in the Issuer's equity plan in connection with the spin-off of the Issuer's subsidiary. The terms of the new award mirror the original award. ( 3 )Each restricted stock unit represents the right to receive one share of common stock upon vesting of the unit. ( 4 )The award shall expire upon the earlier of settlement of the shares to the Reporting Person or ten years from the grant date. ( 5 )The vesting and settlement of the award was accelerated in connection with the Reporting Person's termination of employment in connection with the spin-off of the Issuer's subsidiary. ( 6 )The restricted stock units are scheduled to vest in two equal tranches on 12/9/2021 and 12/9/2022, 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 service through the applicable vesting 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).

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