Boyer Lonnie Joe 4
4 · ATLAS TECHNICAL CONSULTANTS, INC. · Filed Dec 3, 2020
Insider Transaction Report
Form 4
Boyer Lonnie Joe
DirectorChief Executive Officer
Transactions
- Purchase
Class A Common Stock
2020-12-01$5.47/sh+10,000$54,730→ 117,066 total - Purchase
Class A Common Stock
2020-12-02$5.60/sh+1,000$5,600→ 118,066 total
Holdings
- 606,700
Class B Common Stock
LLC Units of Atlas TC Holdings LLC
→ Class A Common Stock (606,700 underlying)
Footnotes (2)
- [F1]This transaction was executed in multiple trades at prices ranging from $5.20 to $5.6412 per share. The price reported above reflects the weighted average purchase price. Upon request from the Securities and Exchange Commission, Atlas Technical Consultants, Inc. (the "Issuer") or a shareholder of the Issuer, full information regarding the number of shares purchased at each separate price will be made available.
- [F2]The amended and restated limited liability company agreement of Atlas TC Holdings LLC, a wholly-owned subsidiary of the Issuer ("TC Holdings"), dated February 14, 2020 (the "LLC Agreement") provides that certain members of TC Holdings have the right to cause TC Holdings to redeem from time to time, all or a portion of such member's common units in TC Holdings (the "Opco Units") (together with an equal number of shares of Class B common stock) for either (x) the delivery by TC Holdings of a number of shares of Class A common stock of the Issuer equal to the number of Opco Units surrendered or (y) at TC Holdings' election made in accordance with the LLC Agreement, the delivery by TC Holdings of cash equal to the Cash Election Amount (as defined in the LLC Agreement) calculated with respect to such redemption.