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American Resources Corp Director's Dealing 2020

Jun 1, 2020

33487_dirs_2020-06-01_a98933eb-2e16-4ffb-ace1-f0cba3b7ca09.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: American Resources Corp (AREC)
CIK: 0001590715
Period of Report: 2020-06-01

Reporting Person: Jensen Mark C. (Director, Chief Executive Officer, 10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-06-01 Convertible Debt $1.05 P Acquired Class A Common Stock (1143) Direct
2020-06-01 Warrant $1.5 P 120 Acquired 2022-06-01 Class A Common Stock (120) Direct

Footnotes

F1: Convertible debt convertible into Class A Common Shares of American Resources Corporation at $1.05 per share at discretion of holder. Convertible debt matures in 24 months.

F2: Warrant exercisable into Class A Common Stock of American Resources Corporation at an exercise price of $1.50 per share any time up until the expiration date at discretion of the holder.