David Kastin - 30 Dec 2021 Form 4 Insider Report for Clever Leaves Holdings Inc.

Role
General Counsel
Signature
/s/ David Kastin
Issuer symbol
CLVR on OTC
Transactions as of
30 Dec 2021
Net transactions value
-$5,365
Form type
4
Filing time
03 Jan 2022, 10:12:27 UTC
Previous filing
08 Oct 2021
Next filing
10 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLVR Common shares Sale $5,365 -1,677 -10% $3.20* 14,644 30 Dec 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted share units. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.