Form 4 for RCAT Red Cat Holdings, Inc.
Accepted 2024-12-26 00:00:00 ET · period of report 2024-12-20 · accession 0001554795-24-000378 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-12-26 | 2024-12-20 | RCAT | Thompson Jeffrey M | COB, CEO, Dir, 10% | M - OptEx | $2.78 | +797.0K | 13.55M | +6% | +$2.22M |
| DM | 2024-12-26 | 2024-12-20 | RCAT | Thompson Jeffrey M | COB, CEO, Dir, 10% | F - Tax | $10.75 | -206.2K | 13.51M | -2% | -$2.22M |
| DM | 2024-12-26 | 2024-12-23+ | RCAT | Thompson Jeffrey M | COB, CEO, Dir, 10% | S - Sale+OE | $11.47 | -500.0K | 13.04M | -4% | -$5.74M |
| DM | 2024-12-26 | 2024-12-20 | RCAT | Thompson Jeffrey M | COB, CEO, Dir, 10% | M - OptEx | $0.00 | -797.0K | 25.3K | -97% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-12-20 | M | A | 474,684 | $3.95 | 13,398,324 | D | — | — | |
| 2 | Common | Common Stock | 2024-12-20 | F | D | 174,419 | $10.75 | 13,223,905 | D | — | — | |
| 3 | Common | Common Stock | 2024-12-20 | M | A | 322,327 | $1.06 | 13,546,232 | D | — | — | |
| 4 | Common | Common Stock | 2024-12-26 | S | D | 28,756 | $13.97 | 13,014,449 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.37 to $14.46 per share. The reporting person undertakes to provide Red Cat Holdings, Inc., any security holder of Red Cat Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
| 5 | Common | Common Stock | 2024-12-23 | S | D | 392,551 | $11.34 | 13,121,898 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.4522 to $13.8301 per share. The reporting person undertakes to provide Red Cat Holdings, Inc., any security holder of Red Cat Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
| 6 | Common | Common Stock | 2024-12-24 | S | D | 78,693 | $11.22 | 13,043,205 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.6701 to $11.77 per share. The reporting person undertakes to provide Red Cat Holdings, Inc., any security holder of Red Cat Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
| 7 | Common | Common Stock | 2024-12-20 | F | D | 31,783 | $10.75 | 13,514,449 | D | — | — | |
| 8 | Derivative | Employee Stock Option (right to buy) | 2024-12-20 | M | D | 322,327 | $0.00 | 927,673 | D | $1.06 · — to 2033-05-15 | 322,327 Common Stock | (F5) On May 15, 2023, the reporting person was granted an option to purchase up to 1,250,000 shares of common stock at a price of $1.06 per share issued as compensation under the 2019 Equity Incentive Plan of Red Cat Holdings, Inc. These options vest at a rate of 1/3 per year over the course of 3 years after the date of grant, and are exercisable for up to 10 years. |
| 9 | Derivative | Employee Stock Option (right to buy) | 2024-12-20 | M | D | 474,684 | $0.00 | 25,316 | D | $3.95 · — to 2031-03-31 | 474,684 Common Stock | (F4) On March 31, 2021, the reporting person was granted an option to purchase up to 500,000 shares of common stock at a price of $3.95 per share issued as compensation under the 2019 Equity Incentive Plan of Red Cat Holdings, Inc. The options are fully vested. |