Tahir Mahmood - Nov 22, 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
Nov 22, 2023
Transactions value $
-$46,785
Form type
4
Date filed
11/27/2023, 04:52 PM
Previous filing
Oct 10, 2023
Next filing
Dec 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMTI Common Stock Sale -$46.8K -286K -37.13% $0.16 485K Nov 22, 2023 Direct F1, F2
holding AMTI Common Stock 3.21M Nov 22, 2023 See Footnotes F3
holding AMTI Common Stock 392K Nov 22, 2023 See Footnotes F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The price reported in column is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.1634 to $0.1638, inclusive. The reporting person undertakes to provide Applied Molecular Transport, Inc., any security holder of Applied Molecular Transport, Inc. 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.
F3 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.
F4 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.