Andres Fajardo - 17 Jan 2023 Form 4 Insider Report for Clever Leaves Holdings Inc.

Role
Chief Executive Officer, Director
Signature
/s/ Marta Pinto Leite, under power of attorney
Issuer symbol
CLVR on OTC
Transactions as of
17 Jan 2023
Net transactions value
-$23,102
Form type
4
Filing time
19 Jan 2023, 10:34:37 UTC
Previous filing
22 Dec 2022
Next filing
26 Jun 2023
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 $23,102 -57,669 -9.9% $0.4006 525,934 17 Jan 2023 Direct F1
holding CLVR Common shares 405,607 17 Jan 2023 Held by Inversiones Mojo CL FA S.A.S.
* 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 stock 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.