Marc Fogassa - Jun 23, 2022 Form 4 Insider Report for Brazil Minerals, Inc. (ATLX)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Marc Fogassa
Stock symbol
ATLX
Transactions as of
Jun 23, 2022
Transactions value $
-$12,605
Form type
4
Date filed
6/27/2022, 04:17 PM
Previous filing
Jun 22, 2022
Next filing
Jun 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATLX Common Stock, par value $.001 per share Disposed to Issuer -$7.5K -750K -0.38% $0.01 195M Jun 23, 2022 Direct F1
transaction ATLX Common Stock, par value $.001 per share Disposed to Issuer -$5.11K -511K -0.26% $0.01 195M Jun 24, 2022 Direct F1
holding ATLX Common Stock, par value $.001 per share 78.9M Jun 23, 2022 See Footnote 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
holding ATLX Series A Convertible Preferred Stock 1 Jun 23, 2022 Common Stock 1 Direct F3, F4
holding ATLX Series D Convertible Preferred Stock 214K Jun 23, 2022 Common Stock 2.14B Direct F4, F5
holding ATLX Common Stock Options 113M Jun 23, 2022 Common Stock 113M Direct F6, F7
holding ATLX Series D Convertible Preferred Stock Options 45K Jun 23, 2022 Series D Convertible Preferred Stock 45K $0.10 Direct F8, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition pursuant to a 10b5-1 Sales Plan entered into on September 2, 2021.
F2 Indirect ownership through three separate entities controlled by the reporting person.
F3 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.
F4 No expiration date.
F5 Each share of Series D Convertible Preferred Stock is immediately convertible into 10,000 shares of Common Stock of the Issuer. The shares of Series D Convertible Preferred Stock were issued on September 15, 2021 in connection with the satisfaction and cancellation of convertible notes issued to the reporting person.
F6 Right to buy Common Stock of the Issuer.
F7 The Common Stock Options were issued on April 7, 2019 and June 30, 2019 in connection with the conversion of a convertible note issued to the reporting person and are immediately exercisable at an exercise price of $0.00001.
F8 Right to buy Series D Convertible Preferred Stock of the Issuer.
F9 The Series D Convertible Preferred Stock Options can be exercised at any time.
F10 Various expiration dates ranging from December 31, 2030 through May 31, 2032.