Tarlis Thompson - Dec 16, 2021 Form 4 Insider Report for American Resources Corp (AREC)

Role
Chief Operating Officer
Signature
Tarlis R. Thompson
Stock symbol
AREC
Transactions as of
Dec 16, 2021
Transactions value $
$0
Form type
4
Date filed
12/20/2021, 12:14 PM

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 +200K +28.1% $0.00 912K Dec 16, 2021 Class A Common Stock 200K $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 four years with first tranche vesting immediately