Ryan Mitchell Melsert - Aug 5, 2024 Form 4 Insider Report for AMERICAN BATTERY TECHNOLOGY Co (ABAT)

Signature
/s/ Ryan Mitchell Melsert
Stock symbol
ABAT
Transactions as of
Aug 5, 2024
Transactions value $
$1,304,671
Form type
4
Date filed
8/6/2024, 09:00 AM
Previous filing
Jul 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABAT Common Stock Award $500K +391K +34.31% $1.28 1.53M Aug 5, 2024 Direct F1

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 ABAT Series A Warrant Purchase $805K +781K $1.03 781K Aug 5, 2024 Common Stock 781K $1.03 Direct F2
transaction ABAT Series A Warrant Award +200K 200K Aug 5, 2024 Common Stock 200K $1.13 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the Reporting Person's purchase of twenty (20) units of the Issuer with $500,000 of private funds, without registration under the Securities Act of 1933 and subject to minimum holding time restrictions under SEC Rule 144, pursuant to an executed subscription agreement ("Subscription Agreement") between the Issuer and the Reporting Person, where each $25,000 unit consists of 19,531 restricted shares of common stock of the Issuer.
F2 Represents warrants issued pursuant to the Reporting Person's purchase of twenty (20) units under the Subscription Agreement, where each unit includes 39,062 Series A Warrants to purchase common stock of the Issuer.
F3 Represents an amendment of an outstanding warrant to extend the expiration date under the outstanding warrant from October 31, 2024 to April 30, 2025. The outstanding warrant was originally granted on January 20, 2020.