Parnell Jonathan M. 4
4 · ATLAS TECHNICAL CONSULTANTS, INC. · Filed Aug 20, 2021
Insider Transaction Report
Form 4
Parnell Jonathan M.
Chief Strategy Officer
Transactions
- Award
Performance Stock Option
2021-08-18+102,739→ 102,739 totalExercise: $10.50Exp: 2031-08-18→ Class A Common Stock (102,739 underlying)
Footnotes (1)
- [F1]Subject to the satisfaction of the service-based vesting conditions described below, the performance stock option ("PSO") may be deemed earned upon the attainment of share price targets (based on a 60-day trading average) for Atlas Technical Consultants, Inc.'s Class A Common Stock. Twenty-five percent (25%) of the PSO will be deemed earned with respect to the share price conditions upon attainment of each of the following share price targets: $20 per share, $25 per share, $30 per share and $35 per share. To the extent the share price targets have been attained, the PSOs will vest in four equal installments (twenty-five percent (25%) each) with respect to the service-based vesting conditions and become exercisable upon each of the second, third, fourth and fifth anniversaries of the grant date, subject to the participant's continued employment with Atlas Technical Consultants, Inc. or its affiliate or successor.