Roger Noriega - Dec 1, 2022 Form 4 Insider Report for Atlas Lithium Corp (ATLX)

Role
Director
Signature
/s/ Roger Noriega
Stock symbol
ATLX
Transactions as of
Dec 1, 2022
Transactions value $
$0
Form type
4
Date filed
7/7/2023, 05:57 PM
Previous filing
Sep 6, 2022
Next filing
Oct 4, 2023

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 $0 +1.5K $0.00 1.5K Dec 1, 2022 Common Stock 20K $0.10 Direct F1, F2
transaction ATLX Series D Convertible Preferred Stock Options Award $0 +1.5K $0.00 1.5K Mar 1, 2023 Common Stock 20K $0.10 Direct F1, F2
transaction ATLX Series D Convertible Preferred Stock Options Award $0 +1.5K $0.00 1.5K Jun 1, 2023 Common Stock 20K $0.10 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series D Convertible Preferred Stock is convertible into Common Stock of the Issuer.
F2 The reporting person does not receive cash compensation from the Issuer for his services as a director and instead contractually earns Series D Convertible Preferred Stock (the "Series D Convertible") on a quarterly basis. The Series D Convertible is fully vested and exercisable upon issuance.