Form 4 for RCAT Red Cat Holdings, Inc.

Accepted 2024-06-20 00:00:00 ET · period of report 2024-05-13 · accession 0001554795-24-000156 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2024-06-20	2024-05-13+	RCAT	Matus George Michael	CTO	F - Tax	$1.12	-67.0K	1.12M	-6%	-$75.1K
	2024-06-20	2024-05-13	RCAT	Matus George Michael	CTO	A - Grant	$0.00	+900.0K	1.19M	+309%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-05-13	F	D	57,768	$1.14	1,133,852	D	—	—	(F2) Represents shares that have been withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 150,000 restricted stock units from the award granted on 5/13/2024for a total of 900,000 shares, of which 450,000 are scheduled to vest quarterly through November 10, 2025 and 300,000 will vest contingent upon the completion of performance obligations.
2	Common	Common Stock	2024-05-13	A	A	900,000	$0.00	1,191,620	D	—	—	(F1) On 5/13/2024, the reporting person was granted 900,000 restricted stock units, with 150,000 shares vesting on the date of grant, 75,000 shares vesting on the 10th day following each of the successive six fiscal quarters and 300,000 shares vesting upon written notice of a production award from a client.
3	Common	Common Stock	2024-06-01	F	D	9,250	$1.00	1,124,602	D	—	—	(F3) Represents shares that have been withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 25,000 restricted stock units from the award granted on 9/1/2021for a total of 400,000 shares, of which 375,000 shares have vested and 25,000 are scheduled to vest on 9/1/2024.