Marc Fogassa - 18 Dec 2012 Form 4 Insider Report for Brazil Minerals, Inc. (ATLX)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Marc Fogassa
Issuer symbol: ATLX
Transactions as of: 18 Dec 2012
Net transactions value: -$16,809,486,044
Form type: 4
Filing time: 17 Jun 2022, 16:00:36 UTC
Next filing: 10 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ATLX	Common Stock, par value $.001 per share	Award	$0	+1,138,802		$0.000000	1,138,802	04 Feb 2013	Direct	F1, F2, F3
transaction	ATLX	Common Stock, par value $.001 per share	Award	$21,200	+264,994	+23%	$0.0800^*	1,403,796	27 Feb 2014	Direct	F2, F3
transaction	ATLX	Common Stock, par value $.001 per share	Award	$107,205	+2,680,137	+95446%	$0.0400^*	2,682,945	15 Feb 2017	Direct	F3, F4
transaction	ATLX	Common Stock, par value $.001 per share	Options Exercise	$0	+41,000,000	+1422%	$0.000000	43,882,945	28 Aug 2019	Direct	F5
transaction	ATLX	Common Stock, par value $.001 per share	Options Exercise	$0	+10,000,000	+23%	$0.000000	53,882,945	21 Sep 2019	Direct	F6
transaction	ATLX	Common Stock, par value $.001 per share	Options Exercise	$0	+161,636,427	+300%	$0.000000	215,519,372	03 Dec 2020	Direct	F7
transaction	ATLX	Common Stock, par value $.001 per share	Purchase	$8.1	+1,000	+0%	$0.008100	190,676,278	04 Nov 2021	Direct	F8
transaction	ATLX	Common Stock, par value $.001 per share	Disposed to Issuer	$3,987	-398,672	-0.21%	$0.0100	185,142,398	17 Mar 2022	Direct	F9
transaction	ATLX	Common Stock, par value $.001 per share	Award	$177,751	+23,388,290	+13%	$0.007600	208,530,688	18 Apr 2022	Direct	F10
transaction	ATLX	Common Stock, par value $.001 per share	Disposed to Issuer	$31,200	-3,000,000	-1.5%	$0.0104	199,530,688	15 Jun 2022	Direct	F9
transaction	ATLX	Common Stock, par value $.001 per share	Disposed to Issuer	$15,150	-1,500,000	-0.75%	$0.0101	198,030,688	16 Jun 2022	Direct	F9
transaction	ATLX	Common Stock, par value $.001 per share	Award	$5,628	+28,138,894		$0.000200^*	28,138,894	27 Apr 2016	See Footnote	F2, F11
transaction	ATLX	Common Stock, par value $.001 per share	Award	$150,000	+25,000,000		$0.006000^*	25,000,000	26 Oct 2017	See Footnote	F12
transaction	ATLX	Common Stock, par value $.001 per share	Award	$102,500	+53,947,368	+216%	$0.001900^*	78,947,368	11 Mar 2020	See Footnote	F12

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	ATLX	Series A Convertible Preferred Stock	Award	$1	+1		$1.00^*	1	18 Dec 2012	Common Stock	1		Direct	F13, F14, F15
transaction	ATLX	Common Stock Options	Award		+224,711,111			224,711,111	07 Apr 2019	Common Stock	224,711,111	$0.000000	Direct	F16
transaction	ATLX	Common Stock Options	Award		+112,355,556	+50%		337,066,667	30 Jun 2019	Common Stock	112,355,556	$0.000000	Direct	F16
transaction	ATLX	Common Stock Options	Options Exercise	$16,810,000,000	-41,000,000	-12%	$410.00^*	296,066,667	28 Aug 2019	Common Stock	41,000,000		Direct	F17
transaction	ATLX	Common Stock Options	Options Exercise	$0	-10,028,653	-3.4%	$0.000000	286,038,014	21 Sep 2019	Common Stock	10,028,653		Direct	F17
transaction	ATLX	Common Stock Options	Options Exercise	$0	-163,682,458	-59%	$0.000000	113,355,556	03 Dec 2020	Common Stock	122,355,556		Direct	F17
transaction	ATLX	0% Convertible Promissory Note	Award	$202,240				$202,240	13 Sep 2017	Common Stock			Direct	F18, F19, F20
transaction	ATLX	6% Convertible Promissory Note	Award	$243,388				$243,388	13 Sep 2017	Common Stock			Direct	F18, F19, F20
transaction	ATLX	6% Convertible Promissory Note	Award	$261,631				$261,631	07 Apr 2019	Common Stock			Direct	F18, F19, F20
transaction	ATLX	0% Convertible Promissory Note	Options Exercise	$202,240				$0	07 Apr 2019	Common Stock Options		$202240.00	Direct	F19, F21
transaction	ATLX	6% Convertible Promissory Note	Award	$61,724				$61,724	30 Jun 2019	Common Stock			Direct	F18, F19, F20
transaction	ATLX	6% Convertible Promissory Note	Options Exercise	$243,388				$0	15 Sep 2021	Series D Convertible Preferred Stock		$243388.00	Direct	F19, F22
transaction	ATLX	6% Convertible Promissory Note	Options Exercise	$261,631				$0	15 Sep 2021	Series D Convertible Preferred Stock		$261631.00	Direct	F19, F22
transaction	ATLX	6% Convertible Promissory Note	Options Exercise	$61,724				$0	15 Sep 2021	Series D Convertible Preferred Stock		$61724.00	Direct	F19, F22
transaction	ATLX	Series D Convertible Preferred Stock	Options Exercise		+214,006			214,006	15 Sep 2021	Common Stock	214,006		Direct	F15, F24, F25
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500			2,500	30 Sep 2021	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+100%		5,000	30 Sep 2021	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+50%		7,500	30 Sep 2021	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+33%		10,000	30 Sep 2021	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+25%		12,500	30 Sep 2021	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+20%		15,000	30 Sep 2021	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+17%		17,500	30 Sep 2021	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+14%		20,000	30 Sep 2021	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+12%		22,500	30 Sep 2021	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+11%		25,000	01 Oct 2021	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+10%		27,500	01 Nov 2021	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+9.1%		30,000	01 Dec 2021	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+8.3%		32,500	01 Jan 2022	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+7.7%		35,000	01 Feb 2022	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23
transaction	ATLX	Series D Convertible Preferred Stock Options	Award		+2,500	+7.1%		37,500	01 Mar 2022	Series D Convertible Preferred Stock	2,500	$0.1000	Direct	F23

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

Explanation of Responses:

Id	Content
F1	This Report on Form 4 discloses certain previously unreported non-derivative security transactions effected by or on behalf of the reporting person.
F2	The Issuer underwent a 1-for-500 reverse stock split on January 27, 2017. The reported number is on a pre-reverse split basis.
F3	Stock grant received by the reporting person for services rendered to the Issuer.
F4	Adjusted to account for the Issuer's 1-for-500 reverse stock split that occurred on January 27, 2017.
F5	Stock received in connection with reporting person's cash exercise of stock options granted on April 7, 2019 with an exercise price of $0.00001.
F6	Stock received in connection with reporting person's cashless exercise of stock options granted on April 7, 2019 with an exercise price of $0.00001. Reflects 28,653 shares of Common Stock withheld to fund the cashless exercise of options to purchase 10,028,653 shares.
F7	Stock received in connection with reporting person's cashless exercise of stock options granted on April 7, 2019 with an exercise price of $0.00001. Reflects 2,046,031 shares of Common Stock withheld to fund the cashless exercise of options to purchase 163,682,458 shares.
F8	Open market acquisition.
F9	Disposition pursuant to a 10b5-1 Sales Plan entered into in September 2021.
F10	Stock grant received by the reporting person in satisfaction of contractual obligations entered into in December 2020.
F11	By Hedgefort Investimentos Ltda., an entity controlled by the reporting person.
F12	By Lancaster Brazil Fund LP, an entity controlled by the reporting person.
F13	This Report on Form 4 discloses previously unreported transactions on derivative securities of the Issuer effected by or on behalf of the reporting person.
F14	One share of Series A Convertible Preferred Stock was designated and issued for $1.00 to the reporting person in connection with a series of transactions effected on December 18, 2012. On this date, the reporting person was elected as director and Chief Executive Officer of the Issuer. Each share of Series A Convertible Preferred Stock is convertible into one (1) share of Common Stock, exercisable at any time upon ten days prior written notice.
F15	No expiration date.
F16	The Stock Options were issued in connection with the conversion of the 0% Convertible Promissory Note in the principal amount of $202,240 issued to the reporting person on 9/13/2017. The exercise price of such Stock Options was $0.00001.
F17	Stock Options exercised at the exercise price disclosed on Table I to this Report on Form 4 on the corresponding transaction date.
F18	Each of the Convertible Notes have been satisfied and cancelled. All or a portion of the outstanding principal and any accrued but unpaid interest of the Convertible Notes was convertible into shares of the Issuer's Common Stock at $0.0003. Aggregate amount shown for the Convertible Note represents the principal amount of the Convertible Note and excludes any accrued interest. Each 6% Convertible Promissory Note paid simple interest of 6% per annum on the outstanding principal balance.
F19	Each of the Convertible Notes have been satisfied and cancelled. Each Convertible Note was payable on demand or through conversion of the Convertible Note, at the election of the reporting person, at any time prior to payment in full by the Issuer.
F20	The reporting person had the contractual right to request that any conversion of a Convertible Note be made into Options to purchase Common Stock of the Issuer instead of Common Stock.
F21	In connection with the satisfaction and cancellation of the Convertible Note, such Convertible Note was converted into Options to purchase (i) 224,711,111 shares of Common Stock of the Issuer on 04/07/2019 and (ii) 112,355,556 shares of Common Stock of the Issuer on 06/30/2019.
F22	The reporting person elected to convert the Convertible Note subject to an immediate conversion into the monetary equivalent of Series D Convertible Preferred Stock of the Issuer.
F23	The reporting person does not receive cash compensation from the Issuer and contractually earns options which can converted in up to 2,500 shares of Series D Convertible Preferred Stock at an exercise price of $0.10 per share. Such options are issuable monthly and are fully-vested upon issuance.
F24	Each share of Series D Convertible Preferred Stock is immediately convertible into 10,000 shares of Common Stock of the Issuer.
F25	The shares of Series D Convertible Preferred Stock were issued to the reporting person in connection with the satisfaction and cancellation of the 6% Convertible Notes issued on 09/13/2017 (with principal amount of $243,388 and accrued interest of $32,327.26), 04/07/2019 (with principal amount of $261,631 and accrued interest of $34,750.33), and 06/30/2019 (with principal amount of $61,724 and accrued interest of $8,198.30).