David D. Quinn Sr. - Mar 10, 2023 Form 4 Insider Report for ATLAS TECHNICAL CONSULTANTS, INC. (ATCX)

Signature
/s/ David D. Quinn Sr., by Bradford Twombly as Attorney-in-Fact
Stock symbol
ATCX
Transactions as of
Mar 10, 2023
Transactions value $
$0
Form type
4
Date filed
3/14/2023, 08:12 PM
Previous filing
Feb 28, 2023
Next filing
Apr 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATCX Class A common stock Award $0 +16.4K +9.31% $0.00 192K Mar 10, 2023 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 +16.4K +40.03% $0.00 57.3K Mar 10, 2023 Class A Common Stock 16.4K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 10, 2023 (the "Grant Date") the Reporting Person received an award of restricted stock units ("RSUs"), which will vest as follows: 1/3 on March 10, 2024, 1/3 on March 10, 2025 and 1/3 on March 10, 2026. 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.