Eimile Tansey - Aug 20, 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
Stock symbol: ATIP
Transactions as of: Aug 20, 2024
Transactions value $: $0
Form type: 4
Date filed: 8/22/2024, 05:53 PM
Previous filing: Mar 26, 2024
Next filing: Sep 4, 2024

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	+48.8K	+1569.28%	$0.00	51.9K	Aug 20, 2024	Class A Common Stock	48.8K	$10.00	Direct	F1
transaction	ATIP	Stock Option (Right to Buy)	Award	$0	+48.8K	+94.01%	$0.00	101K	Aug 20, 2024	Class A Common Stock	48.8K	$12.50	Direct	F1
transaction	ATIP	Stock Option (Right to Buy)	Award	$0	+48.8K	+48.46%	$0.00	150K	Aug 20, 2024	Class A Common Stock	48.8K	$25.00	Direct	F1
transaction	ATIP	Stock Option (Right to Buy)	Award	$0	+97.7K	+65.28%	$0.00	247K	Aug 20, 2024	Class A Common Stock	97.7K	$50.00	Direct	F1
holding	ATIP	Stock Option (Right to Buy)						3.11K	Aug 20, 2024	Class A Common Stock	3.11K	$47.00	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. One-third of the Stock Options vest on each of the first three anniversaries of September 2, 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. One-third of the Stock Options vest on each of the first three anniversaries of September 2, 2022, each subject to the Reporting Person's continued service through the applicable vesting date.