Henry R. Hague III - 24 Feb 2023 Form 4 Insider Report for Clever Leaves Holdings Inc.

Signature
/s/ Marta Pinto Leite, Attorney-in-Fact
Issuer symbol
CLVR on OTC
Transactions as of
24 Feb 2023
Net transactions value
-$3,832
Form type
4
Filing time
27 Feb 2023, 15:07:27 UTC
Previous filing
24 Feb 2023
Next filing
06 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLVR Common shares Sale $3,832 -9,018 -4.3% $0.4249 200,186 24 Feb 2023 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 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.