Fezell Donald Richard JR 4
4 · AMERICAN BATTERY TECHNOLOGY Co · Filed Jun 6, 2023
Insider Transaction Report
Form 4
Fezell Donald Richard JR
Director
Transactions
- Award
Common Stock
2023-06-05+20,633→ 159,106 total - Award
Common Stock
2023-06-05+9,128→ 168,234 total
Footnotes (2)
- [F1]Represents the vesting of Restricted Stock Units ("RSUs") for the second quarter of fiscal year 2023, granted under the terms of the employment agreement dated February 22, 2022 (the "Employment Agreement"). Pursuant to the Employment Agreement, Mr. Fezell receives a quarterly professional cash fee of $10,000. Under the Employment Agreement, Mr. Fezell has the right to, and did, elect to receive the foregoing fees in the form of RSUs instead of cash, calculated by dividing the applicable fee by the volume weighted average price (VWAP) of the twenty (20) trading days prior to the applicable end of the quarter.
- [F2]Represents the vesting of RSUs for the third quarter of fiscal year 2023, granted under the terms of the Employment Agreement. Pursuant to the Employment Agreement, Mr. Fezell receives a quarterly professional cash fee of $10,000. Under the Employment Agreement, Mr. Fezell has the right to, and did, elect to receive the foregoing fees in the form of RSUs instead of cash, calculated by dividing the applicable fee by the volume weighted average price (VWAP) of the twenty (20) trading days prior to the applicable end of the quarter.