Sharon Vitti - 20 Aug 2024 Form 4 Insider Report for ATI Physical Therapy, Inc. (ATIP)

Role: Chief Executive Officer, Director
Signature: /s/ Erik Kantz as Attorney-in-Fact for Reporting Person
Issuer symbol: ATIP
Transactions as of: 20 Aug 2024
Net transactions value: $0
Form type: 4
Filing time: 22 Aug 2024, 16:41:27 UTC
Previous filing: 14 May 2024
Next filing: 25 Mar 2025
SEC: View on sec.gov

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	ATIP	Stock Option (Right to Buy)	Award	$0	+195,344	+1021%	$0.000000	214,470	20 Aug 2024	Class A Common Stock	195,344	$10.00	Direct	F1
transaction	ATIP	Stock Option (Right to Buy)	Award	$0	+195,344	+91%	$0.000000	409,814	20 Aug 2024	Class A Common Stock	195,344	$12.50	Direct	F1
transaction	ATIP	Stock Option (Right to Buy)	Award	$0	+195,344	+48%	$0.000000	605,158	20 Aug 2024	Class A Common Stock	195,344	$25.00	Direct	F1
transaction	ATIP	Stock Option (Right to Buy)	Award	$0	+390,688	+65%	$0.000000	995,846	20 Aug 2024	Class A Common Stock	390,688	$50.00	Direct	F1
holding	ATIP	Stock Option (Right to Buy)						19,126	20 Aug 2024	Class A Common Stock	19,126	$78.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	One-third of the Stock Options vest on each of the following dates: April 1, 2025, April 1, 2026, and April 1, 2027, each subject to the Reporting Person's continued service through the applicable vesting date.
F2	This Stock Option was adjusted to reflect the reverse stock split that occurred on June 14, 2023, wherein the issuer effected a reverse stock split of its Class A Common Stock at a ratio of 1-for-50, resulting in every 50 shares owned by the Reporting Person to be combined into one share of Class A Common Stock. Further, the Stock Option is reflecting the grant date of May 12, 2022 and expiration date of May 12, 2032. One-third of the Stock Options vest on each of the first three anniversaries of May 12, 2022, each subject to the Reporting Person's continued service through the applicable vesting date.

Content

One-third of the Stock Options vest on each of the following dates: April 1, 2025, April 1, 2026, and April 1, 2027, each subject to the Reporting Person's continued service through the applicable vesting date.

This Stock Option was adjusted to reflect the reverse stock split that occurred on June 14, 2023, wherein the issuer effected a reverse stock split of its Class A Common Stock at a ratio of 1-for-50, resulting in every 50 shares owned by the Reporting Person to be combined into one share of Class A Common Stock. Further, the Stock Option is reflecting the grant date of May 12, 2022 and expiration date of May 12, 2032. One-third of the Stock Options vest on each of the first three anniversaries of May 12, 2022, each subject to the Reporting Person's continued service through the applicable vesting date.