Robert J. Mears - Mar 1, 2024 Form 4 Insider Report for Atomera Inc (ATOM)

Signature
/s/ by Mindi Zimmer, as Attorney-in-Fact For: Robert J. Mears
Stock symbol
ATOM
Transactions as of
Mar 1, 2024
Transactions value $
-$39,480
Form type
4
Date filed
3/5/2024, 04:02 PM
Previous filing
Feb 22, 2024
Next filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATOM Common Stock Sale -$1.11K -179 -0.12% $6.20 145K Mar 1, 2024 Direct F1
transaction ATOM Common Stock Sale -$2.33K -375 -0.26% $6.20 144K Mar 1, 2024 Direct F1
transaction ATOM Common Stock Sale -$4.72K -761 -0.53% $6.20 143K Mar 1, 2024 Direct F1
transaction ATOM Common Stock Sale -$8.83K -1.42K -0.99% $6.20 142K Mar 1, 2024 Direct F1
transaction ATOM Common Stock Sale -$22.5K -3.29K -2.32% $6.83 139K Mar 4, 2024 Direct F2
holding ATOM Common Stock 2.67K Mar 1, 2024 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock grants that were previously reported. This sale is to satisfy mandatory non-discretionary tax withholding obligations by a "sell to cover" transaction.
F2 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.