Jeffrey Thompson - Apr 19, 2022 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Role: Chairman of the Board, CEO, Director, 10%+ Owner
Signature: /s/ Jeffrey M. Thompson
Stock symbol: RCAT
Transactions as of: Apr 19, 2022
Transactions value $: $11,005
Form type: 4
Date filed: 4/22/2022, 05:10 PM
Previous filing: Apr 20, 2022
Next filing: Aug 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RCAT	Common Stock	Purchase	$1.99K	+1K	+0.01%	$1.99	12.7M	Apr 19, 2022	Direct
transaction	RCAT	Common Stock	Purchase	$4.93K	+2.5K	+0.02%	$1.97	12.7M	Apr 20, 2022	Direct
transaction	RCAT	Common Stock	Purchase	$4.04K	+2K	+0.02%	$2.02	12.7M	Apr 20, 2022	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	Call options to buy common stock	Purchase	$50.00	+100	+0.02%	$0.50	515K	Apr 20, 2022	Common stock	10K	$3.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Consists of: (a) 12,172,468 shares of common stock; (b) options to purchase 500,000 shares of common stock; and (c) call options to purchase 15,000 shares of common stock at a price of $3.000 per share, exercisable until October 21, 2022.
F2	Consists of: (a) options to purchase 500,000 shares of common stock; and (b) call options to purchase 15,000 shares of common stock at a price of $3.00 per share, exercisable until October 21, 2022.