Stephen R. Petersen - Dec 31, 2023 Form 5 Insider Report for Atlas Lithium Corp (ATLX)

Role
Director
Signature
/s/ Stephen R. Peterson
Stock symbol
ATLX
Transactions as of
Dec 31, 2023
Transactions value $
$99,588
Form type
5
Date filed
3/27/2024, 10:56 AM
Previous filing
Dec 21, 2021
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATLX Common Stock Options Exercise $11.6K +15.5K +130.32% $0.75* 27.3K Jun 23, 2023 Direct F1
transaction ATLX Common Stock Tax liability -$12K -542 -2% $22.16 26.6K Jun 23, 2023 Direct F1
transaction ATLX Common Stock Options Exercise $100K +6.67K +25.09% $15.00 33.2K Nov 20, 2023 Direct F1
transaction ATLX Common Stock Award $0 +321 +0.97% $0.00 33.6K Dec 22, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ATLX Stock Options (right to buy Common Stock) Options Exercise $0 -16K -100% $0.00* 0 Jun 23, 2023 Common Stock 16K $0.75 Direct F1, F2
transaction ATLX Common Stock Purchase Warrant Options Exercise $0 -1 -100% $0.00* 0 Nov 20, 2023 Common Stock 6.67K $15.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 23, 2022, the issuer effected a 1-for-750 reverse stock split. The number of shares of common stock, shares of common stock underlying derivative securities and exercise prices of derivative securities reported herein have been adjusted to reflect the reverse split.
F2 The stock options became fully vested on December 6, 2022.
F3 The common stock purchase warrant was fully exercisable upon issuance on August 6, 2021.