GOLD

SEC source: 0001591588-25-000030 · primary_01.xml · nonDerivative · entry 4

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,202

F2 · price: The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from not less than $25.05 to not more than $25.79. The reporting person undertakes to provide to A-Mark Precious Metals, Inc. ("A-Mark"), any security holder of A-Mark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form.

SEC source: 0001591588-25-000030 · primary_01.xml · nonDerivative · entry 3

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 49,202

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001591588-25-000030 · primary_01.xml · derivative · entry 7

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,000

Underlying: Common Stock Options · 18,000 shares

Expires 2026-02-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: The option granted covered 200,000 shares, and vested 25% per year on June 30, 2017, 2018, 2019 and 2020.

SEC source: 0001591588-25-000030 · primary_01.xml · nonDerivative · entry 2

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,202

F1 · price: The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from not less than $24.84 to not more than $25.51. The reporting person undertakes to provide to A-Mark Precious Metals, Inc. ("A-Mark"), any security holder of A-Mark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form.

SEC source: 0001591588-25-000030 · primary_01.xml · nonDerivative · entry 1

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 46,202

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001591588-25-000029 · primary_01.xml · derivative · entry 8

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 39,000

Underlying: Common Stock Options · 18,000 shares

Expires 2026-02-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: The option granted covered 200,000 shares, and vested 25% per year on June 30, 2017, 2018, 2019 and 2020.

SEC source: 0001591588-25-000029 · primary_01.xml · nonDerivative · entry 4

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,202

F2 · price: The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from not less than $25.285 to not more than $25.88. The reporting person undertakes to provide to A-Mark Precious Metals, Inc. ("A-Mark"), any security holder of A-Mark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form.

SEC source: 0001591588-25-000029 · primary_01.xml · nonDerivative · entry 3

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 46,202

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001591588-25-000029 · primary_01.xml · derivative · entry 7

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 57,000

Underlying: Common Stock Options · 18,000 shares

Expires 2026-02-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: The option granted covered 200,000 shares, and vested 25% per year on June 30, 2017, 2018, 2019 and 2020.

SEC source: 0001591588-25-000029 · primary_01.xml · nonDerivative · entry 2

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,202

F1 · price: The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from not less than $24.62 to not more than $25.39. The reporting person undertakes to provide to A-Mark Precious Metals, Inc. ("A-Mark"), any security holder of A-Mark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form.

SEC source: 0001591588-25-000029 · primary_01.xml · nonDerivative · entry 1

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 46,202

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001591588-25-000027 · primary_01.xml · derivative · entry 8

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 75,000

Underlying: Common Stock Options · 16,000 shares

Expires 2026-02-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: The option granted covered 200,000 shares, and vested 25% per year on June 30, 2017, 2018, 2019 and 2020.

SEC source: 0001591588-25-000027 · primary_01.xml · nonDerivative · entry 4

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,202

F2 · price: The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from not less than $25.86 to not more than $26.37. The reporting person undertakes to provide to A-Mark Precious Metals, Inc. ("A-Mark"), any security holder of A-Mark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form.

SEC source: 0001591588-25-000027 · primary_01.xml · nonDerivative · entry 3

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,202

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001591588-25-000028 · primary_01.xml · derivative · entry 4

MELTZER CAROL · CIK 0001242686 · Director · EVP, Gen. Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,500

Underlying: Common Stock, par value $0.01 per share · 1,500 shares

Expires 2027-01-26

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: The option granted covered 10,000 shares, and vested 33.3% per year on January 26, 2018, 2019 and 2020.

SEC source: 0001591588-25-000028 · primary_01.xml · nonDerivative · entry 2

MELTZER CAROL · CIK 0001242686 · Director · EVP, Gen. Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,000

F1 · price: The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from not less than $25.34 to not more than $25.375. The reporting person undertakes to provide to A-Mark Precious Metals, Inc. ("A-Mark"), any security holder of A-Mark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form.

SEC source: 0001591588-25-000028 · primary_01.xml · nonDerivative · entry 1

MELTZER CAROL · CIK 0001242686 · Director · EVP, Gen. Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,500

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001591588-25-000022 · primary_01.xml · nonDerivative · entry 1

RAVICH JESS M · CIK 0001094988 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 147,933

F1 · kind: Grant of compensatory restricted stock units in a transaction exempt under Rule 16b-3.

F2 · shares: Each restricted stock unit represents a contingent right to receive one share of Company's common stock, par value $0.01.

SEC source: 0001591588-25-000024 · primary_01.xml · nonDerivative · entry 1

Sanchez Monique · CIK 0001855171 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,433

F1 · kind: Grant of compensatory restricted stock units in a transaction exempt under Rule 16b-3.

F2 · shares: Each restricted stock unit represents a contingent right to receive one share of Company's common stock, par value $0.01.

SEC source: 0001591588-25-000020 · primary_01.xml · nonDerivative · entry 1

Saville Kendall · CIK 0001853624 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 304,853

F1 · kind: Grant of compensatory restricted stock units in a transaction exempt under Rule 16b-3.

F2 · shares: Each restricted stock unit represents a contingent right to receive one share of Company's common stock, par value $0.01.

SEC source: 0001591588-25-000021 · primary_01.xml · nonDerivative · entry 1

John Moorhead · CIK 0001437668 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,256

F1 · kind: Grant of compensatory restricted stock units in a transaction exempt under Rule 16b-3.

F2 · shares: Each restricted stock unit represents a contingent right to receive one share of Company's common stock, par value $0.01.

SEC source: 0001591588-25-000023 · primary_01.xml · nonDerivative · entry 1

LANDAU ELLIS · CIK 0001186746 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 429,961

F1 · kind: Grant of compensatory restricted stock units in a transaction exempt under Rule 16b-3.

F2 · shares: Each restricted stock unit represents a contingent right to receive one share of Company's common stock, par value $0.01.

SEC source: 0001591588-25-000018 · primary_01.xml · nonDerivative · entry 1

BENJAMIN JEFFREY D · CIK 0001194016 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 685,268

F1 · kind: Grant of compensatory restricted stock units in a transaction exempt under Rule 16b-3.

F2 · shares: Each restricted stock unit represents a contingent right to receive one share of Company's common stock, par value $0.01.

SEC source: 0001591588-25-000025 · primary_01.xml · nonDerivative · entry 1

Lepine Beverley · CIK 0001639909 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,221.5649

F1 · kind: Grant of compensatory restricted stock units in a transaction exempt under Rule 16b-3.

F2 · shares: Each restricted stock unit represents a contingent right to receive one share of Company's common stock, par value $0.01.

SEC source: 0001591588-25-000027 · primary_01.xml · derivative · entry 7

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 91,000

Underlying: Common Stock Options · 10,000 shares

Expires 2026-02-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: The option granted covered 200,000 shares, and vested 25% per year on June 30, 2017, 2018, 2019 and 2020.

SEC source: 0001591588-25-000027 · primary_01.xml · nonDerivative · entry 2

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,202

F1 · price: The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from not less than $25.925 to not more than $26.31. The reporting person undertakes to provide to A-Mark Precious Metals, Inc. ("A-Mark"), any security holder of A-Mark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form.

SEC source: 0001591588-25-000027 · primary_01.xml · nonDerivative · entry 1

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 38,202

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001591588-25-000009 · primary_01.xml · nonDerivative · entry 1

Wittmeyer Michael R. · CIK 0001854406 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 288,535

SEC source: 0001193125-25-206485 · ownership.xml · nonDerivative · entry 1

John Moorhead · CIK 0001437668 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 32,974

SEC source: 0001193125-25-205304 · ownership.xml · nonDerivative · entry 1

RAVICH JESS M · CIK 0001094988 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Exemption Tr Under Ravich Rev of 1999

Disclosed balance after: 21,860

F1 · price: The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from not less than $26.50 to not more than $26.595. The reporting person undertakes to provide to A-Mark precious Metals, Inc. ("A-Mark"), any security holder of A-Mark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form.

SEC source: 0000950170-25-102625 · ownership.xml · nonDerivative · entry 1

Lepine Beverley · CIK 0001639909 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,939.5649

F1 · shares: Acquisition of additional deferred stock units upon deemed reinvestment of dividend equivalents, in a transaction exempt under Rule 16b-3(d).

SEC source: 0001593968-25-000808 · primary_01.xml · nonDerivative · entry 1

Gjerdrum Thor · CIK 0001437553 · President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 61,838

F1 · kind: Represents shares of Common Stock withheld to satisfy tax withholding obligations in connection with the settlement of an award of restricted stock units.

SEC source: 0001593968-25-000728 · primary_01.xml · derivative · entry 3

Taylor-Simpson Kathleen · CIK 0001752131 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.01 per share · 5,000 shares

Expires 2027-10-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: The option granted covered 5,000 shares, and vested 33.3% per year on October 2, 2018, 2019 and 2020.

SEC source: 0001593968-25-000728 · primary_01.xml · nonDerivative · entry 2

Taylor-Simpson Kathleen · CIK 0001752131 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

F1 · price: The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from not less than $20.51 to not more than $20.74. The reporting person undertakes to provide to A-Mark Precious Metals, Inc. ("A-Mark"), any security holder of A-Mark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form.

SEC source: 0001593968-25-000728 · primary_01.xml · nonDerivative · entry 1

Taylor-Simpson Kathleen · CIK 0001752131 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001593968-25-000596 · primary_01.xml · nonDerivative · entry 1

Dickson Cary · CIK 0001658633 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,150

F1 · kind: Grant of compensatory restricted stock units in a transaction exempt under Rule 16b-3.

F2 · shares: Each restricted stock unit represents a contingent right to receive one share of Company's common stock, par value $0.01.

SEC source: 0001593968-25-000551 · primary_01.xml · nonDerivative · entry 1

Lepine Beverley · CIK 0001639909 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,819.7809

F1 · shares: Acquisition of additional deferred stock units upon deemed reinvestment of dividend equivalents, in a transaction exempt under Rule 16b-3(d).

SEC source: 0001593968-25-000501 · primary_01.xml · derivative · entry 1

Aquilino Brian · CIK 0001806388 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,000

Underlying: Common stock, par value $0.01 per share · 20,000 shares

Expires 2035-04-16

F1 · derivative.exercise_date: The stock option will vest as to 33.33% of underlying shares on June 30 of each 2026, 2027, and 2028.

SEC source: 0001593968-25-000470 · primary_01.xml · nonDerivative · entry 1

Gjerdrum Thor · CIK 0001437553 · President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 67,185

F1 · kind: Grant of compensatory restricted stock units in a transaction exempt under Rule 16b-3.

F2 · shares: Each restricted stock unit represents a contingent right to receive one share of Company's common stock, par value $0.01.

SEC source: 0001593968-25-000280 · primary_01.xml · nonDerivative · entry 2

RICHARDSON WILLIAM A · CIK 0000946467 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By W.A. Richardson Trust Dated 12/05/1974

Disclosed balance after: 312,180

F3 · kind: The shares have been acquired in consideration for surrender of shares of an acquired company in the merger with Spectrum Group International, Inc. 20,397 of these shares have been retained by the Issuer and are subject to forfeiture to compensate for indemnified losses relating to the acquired company.

SEC source: 0001593968-25-000280 · primary_01.xml · nonDerivative · entry 1

RICHARDSON WILLIAM A · CIK 0000946467 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 1,867,416

F1 · kind: The shares have been acquired in consideration for surrender of shares of an acquired company in the merger with Spectrum Group International, Inc. 20,224 of these shares have been retained by the Issuer and are subject to forfeiture to compensate for indemnified losses relating to the acquired company.

F2 · ownership.nature: Shares beneficially owned by Silver Bow Ventures, LLC, in which the Reporting Person has an indirect ownership interest of 50%. The Reporting Person disclaims beneficial ownership of such shares in excess of his proportionate pecuniary interest in Silver Bow Ventures, LLC.

SEC source: 0001593968-25-000277 · primary_01.xml · nonDerivative · entry 3

RAVICH JESS M · CIK 0001094988 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Exemption Tr Under Ravich Rev of 1999

Disclosed balance after: 46,860

SEC source: 0001593968-25-000277 · primary_01.xml · nonDerivative · entry 2

RAVICH JESS M · CIK 0001094988 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Jess M Ravich Def Pen PL Trust

Disclosed balance after: 9,900

SEC source: 0001593968-25-000277 · primary_01.xml · nonDerivative · entry 1

RAVICH JESS M · CIK 0001094988 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · Ravich Revocable Trust of 1989

Disclosed balance after: 183,580

SEC source: 0001593968-25-000279 · primary_01.xml · nonDerivative · entry 2

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Roberts Family Trust

Disclosed balance after: 32,340

SEC source: 0001593968-25-000279 · primary_01.xml · nonDerivative · entry 1

ROBERTS GREGORY N · CIK 0001108038 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 1,867,416

F1 · shares: The shares have been acquired in consideration for surrender of shares of an acquired company in the merger with Spectrum Group International, Inc. 20,224 of these shares have been retained by the Issuer and are subject to forfeiture to compensate for indemnified losses relating to the acquired company.

F2 · ownership.nature: Shares beneficially owned by Silver Bow Ventures, LLC, in which the Reporting Person has an indirect ownership interest of 50%. The Reporting Person disclaims beneficial ownership of such shares in excess of his proportionate pecuniary interest in Silver Bow Ventures, LLC.

SEC source: 0001593968-25-000275 · primary_01.xml · nonDerivative · entry 1

John Moorhead · CIK 0001437668 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,574

SEC source: 0001593968-25-000281 · primary_01.xml · nonDerivative · entry 1

MELTZER CAROL · CIK 0001242686 · Director · EVP, Gen. Counsel & Secretary

10b5-1 filing: No plan indicated

Ownership: Indirect · By The Carol Meltzer Revocable Trust

Disclosed balance after: 13,200

SEC source: 0001593968-25-000276 · primary_01.xml · nonDerivative · entry 1

LANDAU ELLIS · CIK 0001186746 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 427,679

F1 · shares: The shares have been acquired in consideration for surrender of shares of an acquired company in the merger with Spectrum Group International, Inc. 4,347 of these shares have been retained by the Issuer and are subject to forfeiture to compensate for indemnified losses relating to the acquired company.

SEC source: 0001593968-25-000278 · primary_01.xml · nonDerivative · entry 3

BENJAMIN JEFFREY D · CIK 0001194016 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Spouse's 2012 Family Trust

Disclosed balance after: 174,240

F1 · shares: The shares have been acquired in consideration for surrender of shares of an acquired company in the merger with Spectrum Group International, Inc. 11,384 of these shares have been retained by the Issuer and are subject to forfeiture to compensate for indemnified losses relating to the acquired company.