Joseph Hernon - Feb 1, 2022 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Role
CFO
Signature
/s/ Joseph Hernon
Stock symbol
RCAT
Transactions as of
Feb 1, 2022
Transactions value $
$83,632
Form type
4
Date filed
5/3/2022, 05:00 PM
Previous filing
Jan 28, 2022
Next filing
Aug 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCAT Common Stock Award $54K +30K +26.86% $1.80 142K Feb 1, 2022 Direct F1
transaction RCAT Common Stock Tax liability -$12.7K -7.04K -4.97% $1.80 135K Feb 1, 2022 Direct F1
transaction RCAT Common Stock Award $60.9K +30K +22.28% $2.03 165K May 1, 2022 Direct F2
transaction RCAT Common Stock Tax liability -$18.6K -9.17K -5.57% $2.03 155K May 1, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of 30,000 restricted stock units, of which 7,035 were withheld by the Company to satisfy tax withholding obligations resulting in the net issuance of 22,965 shares of common stock.
F2 Represents the vesting of 30,000 restricted stock units, of which 9,165 were withheld by the Company to satisfy tax withholding obligations resulting in the next issuance of 20,835 shares of common stock.