Form 4 for AREC American Resources Corp
Accepted 2023-08-16 00:00:00 ET · period of report 2023-08-15 · accession 0001697936-23-000001 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-08-16 | 2023-08-15 | AREC | Sauve Thomas M. | Pres, Dir | G - Gift | $0.00 | -4.43M | 0 | -100% | $0 | |
| I | 2023-08-16 | 2023-08-15 | AREC | Sauve Thomas M. | Pres, Dir | G - Gift | $0.00 | +4.43M | 4.43M | 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 | Class A Common Stock | 2023-08-15 | G | D | 4,429,501 | $0.00 | 0 | D By LLC | — | — | (F1) Represents shares gifted in an exempt transaction under Rule 16b-5 by the reporting person for no consideration to Midwest General Investment Company LLC, which is wholly owned by a family trust of which Mr. Sauve and his sibling are beneficiaries. (F2) Represents shares held by Midwest General Investment Company LLC, which is wholly owned by a family trust of which Mr. Sauve and his sibling are beneficiaries |
| 2 | Common | Class A Common | 2023-08-15 | G | A | 4,429,501 | $0.00 | 4,429,501 | I | — | — |