Thomas Sauve - Dec 13, 2021 Form 4 Insider Report for American Resources Corp (AREC)

Role
President, Director
Signature
Thomas Sauve
Stock symbol
AREC
Transactions as of
Dec 13, 2021
Transactions value $
$0
Form type
4
Date filed
12/14/2021, 09:04 AM
Next filing
Jan 7, 2022

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 AREC Option Award $0 +275K +272.02% $0.00 376K Dec 13, 2021 Class A Common Stock 275K $1.74 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Right to purchase Class A Common Stock pursuant to company's 2018 Stock Option Plan
F2 Vests equally over six years with first tranche vesting immediately.