Form 4 for ATLX Atlas Lithium Corp
Accepted 2022-06-16 00:00:00 ET · period of report 2021-08-06 · accession 0001493152-22-016958 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-16 | 2022-02-10 | ATLX | Petersen Stephen R. | Dir | A - Grant | $0.01 | +8.33M | 8.33M | New | +$83.3K |
| DM | 2022-06-16 | 2021-08-06+ | ATLX | Petersen Stephen R. | Dir | A - Grant | $0.00 | +12.00M | 12.00M | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 per share | 2022-02-10 | A | A | 8,333,333 | $0.01 | 8,333,333 | D | — | — | (F1) This Report on Form 4 discloses a previously unreported purchase of Common Stock of the Issuer on February 10, 2022, pursuant to a Securities Purchase Agreement with the Issuer. |
| 2 | Derivative | Common Stock Purchase Warrant | 2021-08-06 | A | A | 1 | — | 1 | D | $0.02 · 2021-08-06 to 2023-12-31 | 5,000,000 Common Stock | (F2) This Report on Form 4 discloses previously unreported derivative security transactions effected by the reporting person since August 6, 2021, the date on which the reporting person first acquired derivative securities of the Issuer. (F3) The reporting person received the Common Stock Purchase Warrant as inducement for his purchase of 10,000 common shares of Apollo Resources Corporation, a subsidiary of the Issuer. |
| 3 | Derivative | Stock Options (right to buy Common Stock) | 2021-12-06 | A | A | 12,000,000 | $0.00 | 12,000,000 | D | $0.00 · 2022-12-06 to — | 12,000,000 Common Stock | (F5) The Stock Options were awarded to the reporting person as compensation for services as a director. (F4) The Stock Options vest quarterly on a straight-line basis over one year, starting on the grant date, and expire five years from each vesting date. Of the 6,000,000 Stock Options which have vested to date: (i) 3,000,000 of the Stock Options vested on March 6, 2022 and expire on March 6, 2027 and (ii) 3,000,000 of the Stock Options vested on June 6, 2022 and expire on June 6, 2027. |