E. MARK HOLLIDAY - 09 Jan 2023 Form 4 Insider Report for Atlas Financial Holdings, Inc. (AFHIF)

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	AFHIF	Options (Common Shares)	Award	$0	+50,000		$0	50,000	09 Jan 2023	Common Shares	50,000	$0.05	Direct	F1

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

Id	Content
F1	Options shall vest in four equal installments, with incremental 25% portions of the total grant becoming exercisable on each 6-month anniversary following the date of the Grant resulting in Options being fully vested twenty-four months following the date of the Grant.