Geoffrey Wayne Hitchcock - 24 Nov 2024 Form 4/A - Amendment Insider Report for Red Cat Holdings, Inc. (RCAT)

Signature
/s/ Geoffrey Hitchcock
Issuer symbol
RCAT
Transactions as of
24 Nov 2024
Net transactions value
+$5,137,600
Form type
4/A - Amendment
Filing time
12 Dec 2024, 18:18:17 UTC
Date Of Original Report
11 Dec 2024
Next filing
06 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCAT Common Stock Award $5,157,750 +575,000 +692% $8.97 658,137 24 Nov 2024 Direct F1
transaction RCAT Common Stock Tax liability $20,150 -17,675 -2.7% $1.14 640,462 24 Nov 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 awarded in connection with Employment Agreement on 11/24/2024, issued under the 2024 Omnibus Incentive Plan.
F2 Represents shares that have been withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 50,000 restricted stock units from the award granted on 11/24/2024 for a total of 575,000 shares, of which 262,500 are scheduled to vest annually through October 1, 2026.