Form 4 for ABAT AMERICAN BATTERY TECHNOLOGY Co
Accepted 2023-04-04 00:00:00 ET · period of report 2023-03-31 · accession 0001493152-23-010719 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-04-04 | 2023-03-31 | ABAT | Fezell Donald Richard JR | Dir | A - Grant | $0.00 | +258.5K | 242.1K | 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 | 2023-03-31 | A | A | 16,372 | $0.00 | 258,473 | D | — | — | (F2) Represents the vesting of RSUs granted under the equity election terms of the Employment Agreement, by the VWAP of the twenty (20) trading days prior to the applicable end of quarter grant date, and the RSUs will vest on the last day of the fiscal quarter following the first-year anniversary of hire. Each RSU represents a right to receive one share of American Battery Technology Company common stock upon vesting. |
| 2 | Common | Common Stock | 2023-03-31 | A | A | 2,931 | $0.00 | 228,333 | D | — | — | (F2) Represents the vesting of RSUs granted under the equity election terms of the Employment Agreement, by the VWAP of the twenty (20) trading days prior to the applicable end of quarter grant date, and the RSUs will vest on the last day of the fiscal quarter following the first-year anniversary of hire. Each RSU represents a right to receive one share of American Battery Technology Company common stock upon vesting. |
| 3 | Common | Common Stock | 2023-03-31 | A | A | 225,402 | $0.00 | 225,402 | D | — | — | (F1) Represents the vesting of Restricted Stock Units ("RSUs") granted under the terms of the employment agreement dated February 22, 2022 (the "Employment Agreement"). Pursuant to the Employment Agreement, Mr. Fezell was granted an annual award of RSUs equal to $150,000 divided by the volume weighted average price (the "VWAP") of the twenty (20) trading days prior to the applicable grant day. The RSUs vested on the last day of the fiscal quarter following the first-year anniversary of hire. Each RSU represents a right to receive one share of American Battery Technology Company common stock upon vesting. |
| 4 | Common | Common Stock | 2023-03-31 | A | A | 13,768 | $0.00 | 242,101 | D | — | — | (F2) Represents the vesting of RSUs granted under the equity election terms of the Employment Agreement, by the VWAP of the twenty (20) trading days prior to the applicable end of quarter grant date, and the RSUs will vest on the last day of the fiscal quarter following the first-year anniversary of hire. Each RSU represents a right to receive one share of American Battery Technology Company common stock upon vesting. |