Joseph Hernon - Aug 26, 2022 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Role
CFO
Signature
/s/ Joseph Hernon
Stock symbol
RCAT
Transactions as of
Aug 26, 2022
Transactions value $
$423,798
Form type
4
Date filed
8/30/2022, 05:16 PM
Previous filing
Aug 2, 2022
Next filing
Nov 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCAT Common Stock Award $506K +223K +125.01% $2.27 401K Aug 26, 2022 Direct F1
transaction RCAT Common Stock Tax liability -$81.8K -36K -8.99% $2.27 365K Aug 26, 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.