Jeffrey Thompson - Apr 30, 2024 Form 4 Insider Report for Unusual Machines, Inc. (UMAC)

Signature
/s/ Jeffrey Thompson
Stock symbol
UMAC
Transactions as of
Apr 30, 2024
Transactions value $
$30,000
Form type
4
Date filed
5/2/2024, 04:02 PM
Previous filing
Feb 13, 2024
Next filing
Oct 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UMAC Common Stock Award $30K +25K +7.61% $1.20 354K Apr 30, 2024 Direct F1
holding UMAC Common Stock 4.25M Apr 30, 2024 By Red Cat Holdings, Inc. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan for services as a member of the board of directors and are fully vested.
F2 The Reporting Person is the Chief Executive Officer of Red Cat Holdings, Inc. ("Red Cat"). The board of directors of Red Cat, which as of the date of this Form 4 is comprised of Jeffrey Thompson, Joseph Freedman, Christopher Moe and Nicholas Liuzza, holds shared voting power and investment power for the shares of common stock. The Reporting Person disclaims beneficial ownership over the common stock held by Red Cat, except to the extent of any pecuniary interest therein. Does not include shares of common stock underlying a $2 million convertible note which is subject to a 4.99% beneficial ownership limitation.