Leah Lunger - 16 Dec 2024 Form 4 Insider Report for Red Cat Holdings, Inc. (RCAT)

Role
Chief Financial Officer
Signature
/s/ Leah Lunger
Issuer symbol
RCAT
Transactions as of
16 Dec 2024
Net transactions value
-$79,089
Form type
4
Filing time
18 Dec 2024, 16:50:45 UTC
Previous filing
15 Nov 2024
Next filing
20 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCAT Common Stock Options Exercise $96,265 +37,025 +5.4% $2.60 725,020 16 Dec 2024 Direct F1
transaction RCAT Common Stock Options Exercise $54,988 +43,298 +6% $1.27 768,318 16 Dec 2024 Direct F2
transaction RCAT Common Stock Options Exercise $20,273 +22,779 +3% $0.8900 791,097 16 Dec 2024 Direct F3
transaction RCAT Common Stock Options Exercise $96,265 +37,025 +4.7% $2.60 828,122 16 Dec 2024 By Spouse F1
transaction RCAT Common Stock Options Exercise $17,029 +19,134 +2.3% $0.8900 847,256 16 Dec 2024 By Spouse F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RCAT Employee Stock Option (right to buy) Conversion of derivative security $130,000 -50,000 -22% $2.60 181,000 16 Dec 2024 Common Stock 50,000 $10.02 Direct F1
transaction RCAT Employee Stock Option (right to buy) Conversion of derivative security $62,970 -49,583 -27% $1.27 131,417 16 Dec 2024 Common Stock 49,583 $10.02 Direct F2
transaction RCAT Employee Stock Option (right to buy) Conversion of derivative security $22,250 -25,000 -19% $0.8900 106,417 16 Dec 2024 Common Stock 25,000 $10.02 Direct F3
transaction RCAT Employee Stock Option (right to buy) Conversion of derivative security $130,000 -50,000 -47% $2.60 56,417 16 Dec 2024 Common Stock 50,000 $10.02 By Spouse F1
transaction RCAT Employee Stock Option (right to buy) Conversion of derivative security $18,690 -21,000 -37% $0.8900 35,417 16 Dec 2024 Common Stock 21,000 $10.02 By Spouse F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise of 50,000 options exercised on a cashless basis resulting in the net issuance of 37,025 shares of common stock.
F2 Exercise of 49,583 options exercised on a cashless basis resulting in the net issuance of 43,298 shares of common stock.
F3 Exercise of 25,000 options exercised on a cashless basis resulting in the net issuance of 22,779 shares of common stock.
F4 Exercise of 21,000 options exercised on a cashless basis resulting in the net issuance of 19,134 shares of common stock.