JOSEPH P. HERNON - 26 Aug 2022 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Role
CFO
Signature
/s/ Joseph Hernon
Issuer symbol
RCAT
Transactions as of
26 Aug 2022
Net transactions value
+$423,798
Form type
4
Filing time
30 Aug 2022, 17:16:41 UTC
Previous filing
02 Aug 2022
Next filing
03 Nov 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 $505,574 +222,720 +125% $2.27 400,885 26 Aug 2022 Direct F1
transaction RCAT Common Stock Tax liability $81,777 -36,025 -9% $2.27 364,860 26 Aug 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares awarded as executive compensation under the issuer's 2019 Equity Compensation Plan, with 50% of these shares vested on the date of grant and 50% vested upon the achievement of certain milestones and continued employment.
F2 Represents shares withheld to satisfy tax withholding obligations.