David J. Lee - Oct 26, 2022 Form 4 Insider Report for AppHarvest, Inc. (APPHQ)

Role: President, Director
Signature: /s/ Loren Eggleton, Attorney-in-Fact
Stock symbol: APPHQ
Transactions as of: Oct 26, 2022
Transactions value $: -$74,186
Form type: 4
Date filed: 10/27/2022, 04:41 PM
Previous filing: Oct 25, 2022
Next filing: Nov 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPHQ	Common Stock	Sale	-$74.2K	-42.4K	-3.43%	$1.75^*	1.19M	Oct 26, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 represent shares required to be sold by the Reporting Person to satisfy withholding tax obligations in connection with the settlement of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a "sell to cover" transaction. This sale does not represent a discretionary trade by the Reporting Person.
F2	The price reported in Column 4 is a weighted average price. These shares were sold at multiple transaction prices ranging from $1.692 to $1.790, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

Content

The sales reported in this Form 4 represent shares required to be sold by the Reporting Person to satisfy withholding tax obligations in connection with the settlement of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a "sell to cover" transaction. This sale does not represent a discretionary trade by the Reporting Person.

The price reported in Column 4 is a weighted average price. These shares were sold at multiple transaction prices ranging from $1.692 to $1.790, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.