Tahir Mahmood - Oct 5, 2023 Form 4 Insider Report for Applied Molecular Transport Inc. (AMTI)

Role: Director
Signature: /s/Brandon Hants attorney-in-fact for Tahir Mahmood
Stock symbol: AMTI
Transactions as of: Oct 5, 2023
Transactions value $: -$30,378
Form type: 4
Date filed: 10/10/2023, 05:02 PM
Previous filing: Jun 15, 2023
Next filing: Nov 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMTI	Common Stock	Award	$0	+886K	+1277.02%	$0.00	956K	Oct 5, 2023	Direct	F1
transaction	AMTI	Common Stock	Sale	-$30.4K	-184K	-19.3%	$0.16	771K	Oct 6, 2023	Direct	F2, F3
holding	AMTI	Common Stock						3.21M	Oct 5, 2023	By Living Trust	F4
holding	AMTI	Common Stock						392K	Oct 5, 2023	By Irrevocable Trust	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported shares are represented by restricted stock units, or RSUs. 443,055 RSUs vested on the date that was ten trading days following the signing of the Agreement and Plan of Merger dated as of September 21, 2023, among Cyclo Therapeutics, Inc., a Nevada corporation, Cameo Merger Sub, Inc., a Delaware corporation and the Issuer (the "Merger Agreement"). The remaining 443,056 RSUs vest as to 50% on the date that is ten trading days following the filing of the proxy/prospectus relating to stockholder approval of the merger contemplated by the Merger Agreement (the "Form S-4") and 50% on the date the Form S-4 is declared effective by the SEC.
F2	Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs). This sale satisfies the minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person.
F3	A portion of these securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F4	These shares are held directly by the Mahmood-Shamsi Living Trust Agreement for which the Reporting Person and spouse serve as co-trustees and over which shares the Reporting Person and his spouse hold voting and dispositive power.
F5	These shares are held directly by The Mahmood 2017 Irrevocable Trust for which the Reporting Person serves as trustee and over which shares the Reporting Person hold voting and dispositive power.