MASTEC INC — Director's Dealing 2021

Sep 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: American Virtual Cloud Technologies, Inc. (AVCT)
CIK: 0001704760
Period of Report: 2021-09-08

Reporting Person: MASTEC INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-08	Common Stock	C	1001060	$3.45	Acquired	2702060	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-08	Series A Convertible Debenture	$3.45	C	3453655.77	Disposed		Common Stock (1001060)	Direct

Footnotes

F1: Reflects the mandatory conversion (the "Conversion") of a certain convertible debenture (the "Convertible Debenture"), subject to Securities Exchange Act of 1934 Rule 16b-6(b).

F2: Represents the principal amount (inclusive of accreted interest, pursuant to the terms of the Convertible Debenture) that was outstanding under the Convertible Debenture as of the date of Conversion.

F3: The expiration date is the date that the principal amount of the Convertible Debenture (together with all accrued but unpaid interest thereon) is paid in full, subject to mandatory conversion of the Convertible Debenture in whole pursuant to the terms thereof.

F4: Determined by dividing $3,453,655.77, the principal amount of the Convertible Debenture as of the date of Conversion, by the conversion price of $3.45.