Nicholas Reyland Liuzza Jr. - 16 May 2023 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Role
Director
Signature
Nicholas R. Liuzza, Jr.
Issuer symbol
RCAT
Transactions as of
16 May 2023
Net transactions value
$0
Form type
4
Filing time
18 May 2023, 17:30:44 UTC
Previous filing
24 Mar 2023
Next filing
09 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCAT Common Stock Award $0 +56,604 +6.9% $0.000000 875,092 16 May 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 56,604 restricted stock units were granted as compensation under the company's 2019 Equity Incentive Plan. These shares of restricted stock will vest as follows: (i) 25% of the shares vested on May 16, 2023; and (ii) additional 25% portions will vest on each of November 16, 2023, February 16, 2024, and May 16, 2024.