Jordan Joseph Francis 4
4 · ATI Physical Therapy, Inc. · Filed Nov 27, 2023
Insider Transaction Report
Form 4
Jordan Joseph Francis
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock
2023-11-23$7.40/sh−143$1,058→ 51,312 total
Holdings
- 8,147
Stock Option (Right to Buy)
Exercise: $87.00Exp: 2032-03-07→ Class A Common Stock (5,350 underlying) - 2,797
Stock Option (Right to Buy)
Exercise: $171.00Exp: 2031-11-23→ Class A Common Stock (2,797 underlying)
Footnotes (4)
- [F1]As of June 14, 2023, the issuer effected a reverse stock split of its common stock at a ratio of 1-or-50, resulting in every 50 shares owned by the reporting person to be combined into one share of common stock. The Reporting Person was granted Restricted Stock Units ("RSUs") which vest annually and Restricted Stock Awards ("RSAs") which vest quarterly. There are 46,520 unvested RSUs and 680 unvested RSAs.
- [F2]The Stock Options have been adjusted to reflect the reverse stock split that occurred on June 14, 2023.
- [F3]One-third of the Stock Options vest on each of the first three anniversaries of November 23, 2021, each subject to the Reporting Person's service through the applicable vesting date. 931 Stock Options remain unvested.
- [F4]One-third of the Stock Options vest on each of the first three anniversaries of March 7, 2022, each subject to the Reporting Person's service through the applicable vesting date. 3,566 Stock Options remain unvested.