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 |
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. |