Gary M. Cappa - 06 May 2021 Form 4 Insider Report for ATLAS TECHNICAL CONSULTANTS, INC.

Signature
/s/ Gary M. Cappa, by Bradford Twombly as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
06 May 2021
Net transactions value
$0
Form type
4
Filing time
10 May 2021, 21:11:11 UTC
Next filing
03 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATCX Class A Common Stock Award $0 +8,446 +38% $0.000000 30,651 06 May 2021 Direct F1
holding ATCX Class A Common Stock 82,119 06 May 2021 By Cappa Family Trust
holding ATCX Class A Common Stock 1,123,656 06 May 2021 see footnote F2
holding ATCX Class B Common Stock 861,324 06 May 2021 see footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 6, 2021 (the "Grant Date") the Reporting Person received an award of restricted stock units ("RSUs"), which will fully vest on May 6, 2022. Each RSU represents the right to receive one share of Class A common stock, par value $0.0001 per share ("Class A common stock"), of Atlas Technical Consultants, Inc. Except as otherwise provided in the applicable RSU award agreement, the shares of Class A common stock underlying the RSUs will be delivered to the Reporting Person within 30 days of the applicable vesting date.
F2 756,838 shares of Class A common stock are held directly by Engineering & Testing Services Holdings Corporation ("ETS Holdings"), 289,881 shares of Class A common stock are held directly by Engineering Services Holdings Corporation ("ES Holdings") and 76,937 shares of Class A common stock are held directly by CEL Consulting Holdings Corporation ("CEL").
F3 580,145 shares of Class B common stock and an equal number of Opco Units are held directly by Engineering & Testing Services Holdings Corporation ("ETS Holdings"), 222,204 shares of Class B common stock and an equal number of Opco Units are held directly by Engineering Services Holdings Corporation ("ES Holdings") and 58,975 shares of Class B common stock and an equal number of Opco Units are held directly by CEL Consulting Holdings Corporation ("CEL").