Gustavo Pereira de Aguiar - 16 Mar 2022 Form 4 Insider Report for Brazil Minerals, Inc. (ATLX)

Role
CFO/PAO
Signature
/s/ Gustavo Pereira de Aguiar
Issuer symbol
ATLX
Transactions as of
16 Mar 2022
Net transactions value
+$63,763,964
Form type
4
Filing time
17 Jun 2022, 16:02:51 UTC
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 $63,763,964 +63,763,964 $1.00* 63,763,964 16 Mar 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares shall vest over four years in four tranches, on the first, second, third, and fourth anniversaries of the grant date, beginning on March 16, 2023.
F2 The shares were granted as part of the Issuer's compensation to be paid to the reporting person for services as CFO, Treasurer, and PAO of the Issuer and have a purchase price of $1.00, which will be discounted from the reporting person's first base compensation.