Keith D. Phillips - Aug 10, 2022 Form 4 Insider Report for Piedmont Lithium Inc. (PLL)

Role: President and CEO, Director
Signature: /s/ Bruce Czachor, Attorney-in-Fact for the reporting person
Stock symbol: PLL
Transactions as of: Aug 10, 2022
Transactions value $: -$310,683
Form type: 4
Date filed: 8/10/2022, 04:50 PM
Previous filing: Jun 17, 2022
Next filing: Oct 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLL	Common Stock, par value $0.0001	Options Exercise	$248K	+20K	+19.7%	$12.38	122K	Aug 10, 2022	Direct
transaction	PLL	Common Stock, par value $0.0001	Tax liability	-$248K	-4.78K	-3.93%	$51.82	117K	Aug 10, 2022	Direct
transaction	PLL	Common Stock, par value $0.0001	Sale	-$311K	-6K	-5.13%	$51.82	111K	Aug 10, 2022	Direct	F1, F2

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	PLL	Stock Option (right to buy)	Options Exercise	$0	-20K	-100%	$0.00^*	0	Aug 10, 2022	Common Stock, par value $0.0001	40K	$51.82	Direct

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

Explanation of Responses:

Id	Content
F1	Represents shares sold for tax purposes in connection with exercise of stock options.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.51 to $52.12 per common share equivalent, inclusive. The reporting person undertakes to provide to Piedmont Lithium Inc., any security holder of Piedmont Lithium 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 ranges set forth herein to this Form 4.

Content

Represents shares sold for tax purposes in connection with exercise of stock options.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.51 to $52.12 per common share equivalent, inclusive. The reporting person undertakes to provide to Piedmont Lithium Inc., any security holder of Piedmont Lithium 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 ranges set forth herein to this Form 4.