Kenneth J. Burns JR - Jul 1, 2021 Form 3 Insider Report for ATLAS TECHNICAL CONSULTANTS, INC. (ATCX)

Role
Chief Operating Officer
Signature
/s/ Kenneth J. Burns
Stock symbol
ATCX
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
3
Date filed
7/12/2021, 05:49 PM
Next filing
Aug 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ATCX Class A Common Stock 6.66K Jul 1, 2021 Direct F1

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
holding ATCX Performance Stock Units Jul 1, 2021 Class A Common Stock 6.66K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 17, 2021 (the "Grant Date") the Reporting Person received an award of restricted stock units ("RSUs"), which will vest as follows: 1/3 on June 17, 2022, 1/3 on June 17, 2023 and 1/3 on June 17, 2024. 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 On the Grant Date, the Reporting Person received an award of performance stock units ("PSUs"). Each PSU represents a contingent right to receive one share of Class A common stock. The amount reported represents the "target" number, and vests upon the achievement of specified metrics during the performance period as described in the related grant agreement.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney