SEC Form 4 · accession 0001754395-19-000001
American Resources Corp · AREC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tarlis Thompson
Officer — Chief Operating Officer
Period of report
Feb 13, 2019
Accepted (ET)
Feb 25, 2019 · 2:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590715
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Feb 13, 2019 | C | 16,317 | $0.00 | A | 163,170 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred StockF2,F1,F3 | $0.00 | Feb 13, 2019 | C | 4,895 | D | Feb 13, 2019 | — | Class A Common Stock | 16,317 | 0 | D |
Explanation of responses
- F1The Series A Preferred Stock is convertible on a cashless basis.
- F2Conversion of remaining balance of Series A Preferred Stock held by Reporting Person to Class A Common Stock.
- F3The Series A Preferred Stock is convertible at the discretion of the shareholder