Alan D. Allred - Oct 18, 2021 Form 4 Insider Report for Quest Resource Holding Corp (QRHC)

Role
Officer
Signature
/s/ Laurie L. Latham as attorney-in-fact
Stock symbol
QRHC
Transactions as of
Oct 18, 2021
Transactions value $
$1,342,124
Form type
4
Date filed
10/20/2021, 05:33 PM
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QRHC Common Stock, $0.001 par value per share Other $1.34M +219K $6.14 219K Oct 18, 2021 By GRW, Inc. F1, F2
holding QRHC Common Stock, $0.001 par value per share 3.9K Oct 18, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 18, 2021 (the "Transaction Date"), GRW, Inc. ("GRW") received 218,587 shares of common stock, $0.001 par value per share (the "Common Stock"), of the Issuer in connection with the Consideration Agreement (the "Consideration Agreement"), dated October 19, 2020, among GRW, the Reporting Person and the Issuer. Pursuant to the Consideration Agreement, the amount of shares issued was calculated based on a per share price equal to the volume weighted average price of the Common Stock on the Nasdaq Capital Market during the thirty (30) consecutive trading days ending on the trading day prior to the Transaction Date.
F2 The Reporting Person is the sole shareholder of GRW. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Remarks:

The Reporting Person is the Vice President of the Multi-Family Division for Quest Resource Management Group, LLC, a subsidiary of the Issuer.