Czachor Bruce 4

4 · Piedmont Lithium Inc. · Filed Aug 29, 2025

Form 4

Period: 2025-08-29

EVP, CLO & Secretary

Transactions

Disposition to Issuer
Stock Option (right to buy)
2025-08-29−15,871→ 0 total
Exercise: $55.00From: 2024-12-31Exp: 2032-02-28→ Common Stock, par value $0.0001 (15,871 underlying)
Award
Common Stock, par value $0.0001
2025-08-29+33,410→ 63,476 total
Disposition to Issuer
Stock Option (right to buy)
2025-08-29−41,263→ 0 total
Exercise: $16.00From: 2026-12-31Exp: 2034-03-04→ Common Stock, par value $0.0001 (41,263 underlying)
Disposition to Issuer
Stock Option (right to buy)
2025-08-29−7,259→ 0 total
Exercise: $67.50From: 2025-12-31Exp: 2033-03-07→ Common Stock, par value $0.0001 (7,259 underlying)
Disposition to Issuer
Common Stock, par value $0.0001
2025-08-29−63,476→ 0 total
Disposition to Issuer
Stock Option (right to buy)
2025-08-29−9,069→ 0 total
Exercise: $55.00Exp: 2032-02-28→ Common Stock, par value $0.0001 (9,069 underlying)
Disposition to Issuer
Stock Option (right to buy)
2025-08-29−2,157→ 0 total
Exercise: $65.00Exp: 2031-05-19→ Common Stock, par value $0.0001 (2,157 underlying)

Footnotes (5)

[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.

Documents

1 file