Mark Jensen - 13 Dec 2021 Form 4 Insider Report for American Resources Corp (AREC)

Role
Chief Executive Officer, Director
Signature
Mark C. Jensen
Issuer symbol
AREC
Transactions as of
13 Dec 2021
Transactions value $
$0
Form type
4
Filing time
14 Dec 2021, 09:57:32 UTC
Next filing
05 Jan 2022
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 AREC Option Award $0 +450K +403.67% $0.00 561K 13 Dec 2021 Class A Common Stock 450K $1.74 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Right to purchase Class A Common Stock pursuant to company's 2018 Stock Option Plan.
F2 Vests equally over nine years with first tranche vesting immediately.