Julian Wilches - Dec 20, 2022 Form 4 Insider Report for Clever Leaves Holdings Inc. (CLVR)

Signature
/s/ Marta Pinto Leite, under power of attorney
Stock symbol
CLVR
Transactions as of
Dec 20, 2022
Transactions value $
-$1,302
Form type
4
Date filed
12/22/2022, 12:06 PM
Previous filing
Jul 6, 2022
Next filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLVR Common shares Sale -$1.3K -3.83K -6.79% $0.34 52.6K Dec 20, 2022 Direct F1
holding CLVR Common shares 691K Dec 20, 2022 Held by Inversiones Just Go 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.