Roger Noriega - 01 Sep 2022 Form 4 Insider Report for Brazil Minerals, Inc. (ATLX)

Role
Director
Signature
/s/ Roger Noriega
Issuer symbol
ATLX
Transactions as of
01 Sep 2022
Net transactions value
$0
Form type
4
Filing time
06 Sep 2022, 06:10:10 UTC
Previous filing
17 Jun 2022
Next filing
07 Jul 2023
SEC
View on sec.gov

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 D Convertible Preferred Stock Options Award +1,500 +17% 10,500 01 Sep 2022 Series D Convertible Preferred Stock 1,500 $0.1000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Quarterly award of Stock Options for services as a director.
F2 The reporting person does not receive cash compensation from the Issuer for his services as a director and instead contractually earns options which can converted in up to 1,500 shares of Series D Convertible Preferred Stock at an exercise price of $0.10 per share. Such options are issuable quarterly, on the first of each March, June, September, and December and are fully vested upon issuance.