Jeffrey M. Thompson - 26 Aug 2022 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Signature
/s/ Jeffrey M. Thompson
Issuer symbol
RCAT
Transactions as of
26 Aug 2022
Net transactions value
+$572,294
Form type
4
Filing time
31 Aug 2022, 07:20:58 UTC
Previous filing
02 Aug 2022
Next filing
22 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCAT Common Stock Award $695,165 +306,240 +2.4% $2.27 13,005,308 26 Aug 2022 Direct F1
transaction RCAT Common Stock Tax liability $122,871 -54,128 -0.42% $2.27 12,951,180 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.