Julian Wilches - 17 Jan 2023 Form 4 Insider Report for Clever Leaves Holdings Inc.

Signature
/s/ Marta Pinto Leite, under power of attorney
Issuer symbol
CLVR on OTC
Transactions as of
17 Jan 2023
Net transactions value
-$1,826
Form type
4
Filing time
19 Jan 2023, 10:31:32 UTC
Previous filing
22 Dec 2022
Next filing
26 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLVR Common shares Sale $1,826 -4,557 -8.7% $0.4006 48,018 17 Jan 2023 Direct F1
holding CLVR Common shares 691,035 17 Jan 2023 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.