Donald Richard Fezell JR - Jun 5, 2023 Form 4 Insider Report for AMERICAN BATTERY TECHNOLOGY Co (ABML)

Role
Director
Signature
/s/ Donald R Fezell
Stock symbol
ABML
Transactions as of
Jun 5, 2023
Transactions value $
$0
Form type
4
Date filed
6/6/2023, 05:13 PM
Previous filing
May 30, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABML Common Stock Award $0 +20.6K +14.9% $0.00 159K Jun 5, 2023 Direct F1
transaction ABML Common Stock Award $0 +9.13K +5.74% $0.00 168K Jun 5, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of Restricted Stock Units ("RSUs") for the second quarter of fiscal year 2023, granted under the terms of the employment agreement dated February 22, 2022 (the "Employment Agreement"). Pursuant to the Employment Agreement, Mr. Fezell receives a quarterly professional cash fee of $10,000. Under the Employment Agreement, Mr. Fezell has the right to, and did, elect to receive the foregoing fees in the form of RSUs instead of cash, calculated by dividing the applicable fee by the volume weighted average price (VWAP) of the twenty (20) trading days prior to the applicable end of the quarter.
F2 Represents the vesting of RSUs for the third quarter of fiscal year 2023, granted under the terms of the Employment Agreement. Pursuant to the Employment Agreement, Mr. Fezell receives a quarterly professional cash fee of $10,000. Under the Employment Agreement, Mr. Fezell has the right to, and did, elect to receive the foregoing fees in the form of RSUs instead of cash, calculated by dividing the applicable fee by the volume weighted average price (VWAP) of the twenty (20) trading days prior to the applicable end of the quarter.