Joseph Hernon - Sep 27, 2020 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Role
CFO, Secretary and Treasurer
Signature
/s/ Joseph Hernon
Stock symbol
RCAT
Transactions as of
Sep 27, 2020
Transactions value $
$195,999
Form type
4
Date filed
9/29/2021, 05:16 PM
Next filing
Jul 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCAT Common Stock Options Exercise $278K +77.2K $3.60 77.2K Sep 27, 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 -$82K -100K -9.09% $0.82 1M Sep 27, 2020 Common Stock 100K $0.82 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.