JOSEPH P. HERNON - 01 Feb 2022 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Role
CFO
Signature
/s/ Joseph Hernon
Issuer symbol
RCAT
Transactions as of
01 Feb 2022
Net transactions value
+$83,632
Form type
4
Filing time
03 May 2022, 17:00:43 UTC
Previous filing
28 Jan 2022
Next filing
02 Aug 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 $54,000 +30,000 +27% $1.80 141,670 01 Feb 2022 Direct F1
transaction RCAT Common Stock Tax liability $12,663 -7,035 -5% $1.80 134,635 01 Feb 2022 Direct F1
transaction RCAT Common Stock Award $60,900 +30,000 +22% $2.03 164,635 01 May 2022 Direct F2
transaction RCAT Common Stock Tax liability $18,605 -9,165 -5.6% $2.03 155,470 01 May 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of 30,000 restricted stock units, of which 7,035 were withheld by the Company to satisfy tax withholding obligations resulting in the net issuance of 22,965 shares of common stock.
F2 Represents the vesting of 30,000 restricted stock units, of which 9,165 were withheld by the Company to satisfy tax withholding obligations resulting in the next issuance of 20,835 shares of common stock.