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

Role: Director, 10%+ Owner
Signature: /s/ Jeffrey Thompson
Issuer symbol: UMAC
Transactions as of: 30 Apr 2024
Net transactions value: +$30,000
Form type: 4
Filing time: 02 May 2024, 16:02:44 UTC
Previous filing: 13 Feb 2024
Next filing: 24 Oct 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UMAC	Common Stock	Award	$30,000	+25,000	+7.6%	$1.20	353,500	30 Apr 2024	Direct	F1
holding	UMAC	Common Stock						4,250,000	30 Apr 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.

Content

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.

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.