Eimile Tansey - 22 Mar 2024 Form 4 Insider Report for ATI Physical Therapy, Inc. (ATIP)

Role
Chief People Officer
Signature
/s/Erik Kantz as Attorney-in-Fact for Reporting Person
Issuer symbol
ATIP
Transactions as of
22 Mar 2024
Net transactions value
-$17,468
Form type
4
Filing time
26 Mar 2024, 18:03:24 UTC
Previous filing
06 Sep 2023
Next filing
22 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATIP Class A Common Stock Tax liability $17,468 -2,873 -9% $6.08 29,038 22 Mar 2024 Direct F1, F2

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 +3,112 $0.000000 3,112 02 Sep 2022 Class A Common Stock 3,112 $47.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the Issuer to satisfy tax withholding obligations upon vesting. The Reporting Person was granted Restricted Stock Units (RSUs) which vest annually. There are 20,791 unvested RSUs.
F2 As of June 14, 2023, the issuer effected a reverse stock split of its 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 common stock.
F3 This option was adjusted to reflect the reverse stock split that occurred on June 14, 2023.