Michael D. White - Aug 29, 2025 Form 4 Insider Report for Piedmont Lithium Inc. (PLL)

Role
EVP and CFO
Signature
/S/ Michael D. White
Stock symbol
PLL
Transactions as of
Aug 29, 2025
Transactions value $
$0
Form type
4
Date filed
8/29/2025, 05:13 PM
Previous filing
Jan 23, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WHITE MICHAEL D EVP and CFO C/O PIEDMONT LITHIUM INC., 42 E CATAWBA STREET, BELMONT /S/ Michael D. White 2025-08-29 0001640295

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLL Common Stock, par value $0.0001 Award $0 +33.4K +112.66% $0.00 63.1K Aug 29, 2025 Direct F1
transaction PLL Common Stock, par value $0.0001 Disposed to Issuer -63.1K -100% 0 Aug 29, 2025 Direct 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 PLL Stock Option (right to buy) Disposed to Issuer -41.3K -100% 0 Aug 29, 2025 Common Stock, par value $0.0001 41.3K $16.00 Direct F3
transaction PLL Stock Option (right to buy) Disposed to Issuer -7.26K -100% 0 Aug 29, 2025 Common Stock, par value $0.0001 7.26K $67.50 Direct F3
transaction PLL Stock Option (right to buy) Disposed to Issuer -9.07K -100% 0 Aug 29, 2025 Common Stock, par value $0.0001 9.07K $55.00 Direct F3, F4
transaction PLL Stock Option (right to buy) Disposed to Issuer -15.9K -100% 0 Aug 29, 2025 Common Stock, par value $0.0001 15.9K $55.00 Direct F3
transaction PLL Stock Option (right to buy) Disposed to Issuer -4.53K -100% 0 Aug 29, 2025 Common Stock, par value $0.0001 4.53K $65.00 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael D. White is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Piedmont Lithium Inc. ("Piedmont"), Sayona Mining Limited ("Sayona") and Shock MergeCo Inc. ("Merger Sub") are parties to the Agreement and Plan of Merger, dated as of November 18, 2024 (the "Merger Agreement"), pursuant to which, among other things, Merger Sub was merged with and into Piedmont (the "Merger"). Pursuant to the Merger Agreement, the performance conditions underlying these performance stock units were deemed satisfied based on the greater of target or actual performance at the effective time of the Merger.
F2 At the effective time of the Merger, (i) each share of common stock of Piedmont was converted into the right to receive 527 ordinary shares of Sayona and (ii) each restricted stock unit of Piedmont was converted into 527 restricted stock units of Sayona.
F3 At the effective time of the Merger, each stock option to purchase a share of common stock of Piedmont was converted into a stock option to purchase 527 ordinary shares of Sayona.
F4 These stock options vested in three equal annual installments on December 31, 2022, December 31, 2023 and December 31, 2024.
F5 These stock options vested in three equal annual installments on December 31, 2021, December 31, 2022 and December 31, 2023.