JOSEPH P. HERNON - 27 Sep 2020 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Role
CFO, Secretary and Treasurer
Signature
/s/ Joseph Hernon
Issuer symbol
RCAT
Transactions as of
27 Sep 2020
Net transactions value
+$195,999
Form type
4
Filing time
29 Sep 2021, 17:16:48 UTC
Next filing
08 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCAT Common Stock Options Exercise $277,999 +77,222 $3.60 77,222 27 Sep 2020 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 Stock Option Conversion of derivative security $82,000 -100,000 -9.1% $0.8200 1,000,000 27 Sep 2020 Common Stock 100,000 $0.8200 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise of 100,000 options exercised on a cashless basis resulting in the net issuance of 77,222 shares of common stock.