Kenneth Jerome Burns Jr. - 18 Mar 2022 Form 4 Insider Report for ATLAS TECHNICAL CONSULTANTS, INC.

Role: Chief Operating Officer
Signature: /s/ Kenneth J. Burns JR, by Bradford Twombly, as Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 18 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 22 Mar 2022, 20:06:14 UTC
Previous filing: 15 Dec 2021
Next filing: 23 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ATCX	Class A Common Stock	Purchase	$0	+18,366	+104%	$0.000000	36,101	18 Mar 2022	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
transaction	ATCX	Performance Stock Units	Award	$0	+18,365	+276%	$0.000000	25,026	18 Mar 2022	Class A Common Stock	18,365		Direct	F2

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

Explanation of Responses:

Id	Content
F1	On March 18, 2022 (the "Grant Date") the Reporting Person received an award of restricted stock units ("RSUs"), which will vest as follows: 1/3 on March 18, 2023, 1/3 on March 18, 2024 and 1/3 on March 18, 2025. 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.

Content

On March 18, 2022 (the "Grant Date") the Reporting Person received an award of restricted stock units ("RSUs"), which will vest as follows: 1/3 on March 18, 2023, 1/3 on March 18, 2024 and 1/3 on March 18, 2025. 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.

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.