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

Role
Officer
Signature
/s/ Laurie L. Latham as attorney-in-fact
Issuer symbol
QRHC
Transactions as of
18 Oct 2021
Net transactions value
+$1,342,124
Form type
4
Filing time
20 Oct 2021, 17:33:57 UTC
Next filing
17 Nov 2022
SEC
View on sec.gov

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 $1,342,124 +218,587 $6.14 218,587 18 Oct 2021 By GRW, Inc. F1, F2
holding QRHC Common Stock, $0.001 par value per share 3,900 18 Oct 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.