Joseph D. Freedman - 06 Jul 2021 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Role: Director
Signature: /s/ Joseph David Freedman
Issuer symbol: RCAT
Transactions as of: 06 Jul 2021
Net transactions value: +$376,500
Form type: 4
Filing time: 07 Jul 2021, 16:01:15 UTC
Next filing: 26 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RCAT	Common Stock	Award		+150,000	+135%		261,305	06 Jul 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RCAT	Options	Award	$376,500	+150,000		$2.51	150,000	06 Jul 2021	Common Stock	150,000	$2.51	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of 111,305 shares of common stock and options to purchase up to 150,000 shares of common stock at a price of $2.51 per share, exercisable for 5 years.
F2	Options vest in equal quarterly installments commencing September 30, 2021.