Chantel Renee Jordan - Jun 29, 2022 Form 4 Insider Report for 5E Advanced Materials, Inc. (FEAM)

Role
General Counsel
Signature
/s/ Paul Weibel as Attorney-in-Fact
Stock symbol
FEAM
Transactions as of
Jun 29, 2022
Transactions value $
$1,315,000
Form type
4
Date filed
6/1/2023, 05:40 PM
Previous filing
Mar 11, 2022

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 FEAM Stock Options Award $1.32M +125K $10.52 125K Aug 15, 2022 Common Stock 125K Direct F1
transaction FEAM Restricted Stock Unit Award $0 +1.85K $0.00 1.85K Jun 29, 2022 Common Stock 1.85K Direct F2
transaction FEAM Restricted Stock Unit Award $0 +8.42K +455.11% $0.00 10.3K Sep 1, 2022 Common Stock 8.42K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents employee stock options (the "Options") exercisable for shares of 5E Advanced Materials, Inc. common stock. The Options were granted on August 15, 2022 and have an expiration date of August 15, 2025. The Options vest annually in three (3) equal installments beginning on November 29, 2022. The Options have a strike price of $25.62, and on the grant date had a fair value of $10.52 per share.
F2 Represents restricted stock units ("RSUs") granted on June 29, 2022 pursuant to the Issuer's 2022 Equity Compensation Plan (the "Plan"), which Plan and grants were ratified and approved at the Issuer's 2022 Annual Meeting of Stockholders as required under applicable ASX listing rules. Each RSU represents a contingent right to receive one share of 5E Advanced Materials, Inc. common stock, and 40% will vest on the second anniversary of the grant date and 60% will vest on the third anniversary of the grant date.
F3 Represents RSUs granted on September 1, 2022 pursuant to the Plan, which Plan and grants were ratified and approved at the Issuer's 2022 Annual Meeting of Stockholders as required under applicable ASX listing rules. Each RSU represents a contingent right to receive one share of 5E Advanced Materials, Inc. common stock, and vest in three equal annual installments beginning on the first anniversary of the grant date.