David G. Hanna - Feb 10, 2022 Form 4 Insider Report for Atlanticus Holdings Corp (ATLC)

Signature
/s/ David G. Hanna
Stock symbol
ATLC
Transactions as of
Feb 10, 2022
Transactions value $
-$30,315,863
Form type
4
Date filed
2/14/2022, 03:15 PM
Next filing
Nov 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATLC Common Stock Options Exercise $2.78M +1M $2.78* 1M Feb 10, 2022 Direct
transaction ATLC Common Stock Tax liability -$33.1M -473K -47.31% $69.95 527K Feb 10, 2022 Direct F1
holding ATLC Common Stock 4.1M Feb 10, 2022 By LLC F2

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 ATLC Employee Stock Option (right to buy) Options Exercise $0 -1M -100% $0.00* 0 Feb 10, 2022 Common Stock 1M $2.78 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of Atlanticus Holdings Corporation common stock withheld to satisfy the exercise price and tax withholding obligations upon the exercise of the stock option, based on the closing price of Atlanticus Holdings Corporation common stock on February 10, 2022.
F2 The reporting person disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
F3 The option vested in full on February 17, 2020 upon satisfaction of the performance criteria.