Leah Lunger - 08 Aug 2024 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Signature
/s/ Leah Lunger
Issuer symbol
RCAT
Transactions as of
08 Aug 2024
Net transactions value
-$446,690
Form type
4
Filing time
13 Aug 2024, 17:12:09 UTC
Previous filing
01 Jul 2024
Next filing
15 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCAT Common Stock Tax liability $385,719 -190,950 -22% $2.02 665,158 08 Aug 2024 Direct F1
transaction RCAT Common Stock Tax liability $60,971 -24,585 -3.7% $2.48 640,573 10 Aug 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 300,000 restricted stock units from the award granted on 6/10/2024for a total of 900,000 shares, of which 450,000 are scheduled to vest quarterly through May 10, 2025.
F2 Represents shares that have been withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 64,286 restricted stock units from the award granted on 6/10/2024for a total of 900,000 shares, of which 385,714 are scheduled to vest quarterly through May 10, 2025.