Sec Form 4 Filing - Czachor Bruce @ Piedmont Lithium Inc. - 2025-08-29

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Czachor Bruce
2. Issuer Name and Ticker or Trading Symbol
Piedmont Lithium Inc. [ PLL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, CLO & Secretary
(Last) (First) (Middle)
C/O PIEDMONT LITHIUM INC., 42 E CATAWBA STREET
3. Date of Earliest Transaction (MM/DD/YY)
08/29/2025
(Street)
BELMONT, NC28012
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.0001 08/29/2025 A( 1 ) 33,410 A $ 0 63,476 D
Common Stock, par value $0.0001 08/29/2025 D( 2 ) 63,476 D 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 16 08/29/2025 D( 3 ) 41,263 12/31/2026 03/04/2034 Common Stock, par value $0.0001 41,263 ( 3 ) 0 D
Stock Option (right to buy) $ 67.5 08/29/2025 D( 3 ) 7,259 12/31/2025 03/07/2033 Common Stock, par value $0.0001 7,259 ( 3 ) 0 D
Stock Option (right to buy) $ 55 08/29/2025 D( 3 ) 9,069 ( 4 ) 02/28/2032 Common Stock, par value $0.0001 9,069 ( 3 ) 0 D
Stock Option (right to buy) $ 55 08/29/2025 D( 3 ) 15,871 12/31/2024 02/28/2032 Common Stock, par value $0.0001 15,871 ( 3 ) 0 D
Stock Option (right to buy) $ 65 08/29/2025 D( 3 ) 2,157 ( 5 ) 05/19/2031 Common Stock, par value $0.0001 2,157 ( 3 ) 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Czachor Bruce
C/O PIEDMONT LITHIUM INC.
42 E CATAWBA STREET
BELMONT, NC28012
EVP, CLO & Secretary
Signatures
/s/ Bruce Czachor 08/29/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Piedmont Lithium Inc. ("Piedmont"), Sayona Mining Limited ("Sayona") and Shock MergeCo Inc. ("Merger Sub") are parties to the Agreement and Plan of Merger, dated as of November 18, 2024 (the "Merger Agreement"), pursuant to which, among other things, Merger Sub was merged with and into Piedmont (the "Merger"). Pursuant to the Merger Agreement, the performance conditions underlying these performance stock units were deemed satisfied based on the greater of target or actual performance at the effective time of the Merger.
( 2 )At the effective time of the Merger, (i) each share of common stock of Piedmont was converted into the right to receive 527 ordinary shares of Sayona and (ii) each restricted stock unit of Piedmont was converted into 527 restricted stock units of Sayona.
( 3 )At the effective time of the Merger, each stock option to purchase a share of common stock of Piedmont was converted into a stock option to purchase 527 ordinary shares of Sayona.
( 4 )These stock options vested in three equal annual installments on December 31, 2022, December 31, 2023 and December 31, 2024.
( 5 )These stock options vested in three equal annual installments on December 31, 2021, December 31, 2022 and December 31, 2023.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.