Keith D. Phillips - Nov 8, 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
Nov 8, 2022
Transactions value $
-$458,751
Form type
4
Date filed
11/9/2022, 05:02 PM
Previous filing
Oct 21, 2022
Next filing
Jan 9, 2023

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 +16.63% $12.38 140K Nov 8, 2022 Direct
transaction PLL Common Stock, par value $0.0001 Tax liability -$248K -3.95K -2.82% $62.64 136K Nov 8, 2022 Direct F1
transaction PLL Common Stock, par value $0.0001 Sale -$459K -7.32K -5.37% $62.64 129K Nov 8, 2022 Direct F2, F3

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 Nov 8, 2022 Common Stock, par value $0.0001 20K $12.38 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Cashless exercise. Represents shares withheld to cover option exercise price.
F2 Represents shares sold for tax purposes in connection with exercise of stock options.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.47 to $62.82 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.