Lunger Leah 4
4 · Red Cat Holdings, Inc. · Filed Jul 1, 2024
Insider Transaction Report
Form 4
Lunger Leah
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2024-06-10$0.89/sh−44,922$39,756→ 856,108 total - Award
Common Stock
2024-06-10+900,000→ 901,030 total
Footnotes (2)
- [F1]On 6/10/2024, the reporting person was granted 900,000 restricted stock units, with 150,000 shares vesting on the date of grant, 64,286 shares vesting on the 10th day following each of the successive six fiscal quarters, 64,284 shares vesting on the seventh successive fiscal quarter, and 300,000 shares vesting upon timely filing of the Company's Form 10-K for the year ended 4/30/2024.
- [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 6/10/2024for a total of 900,000 shares, of which 450,000 are scheduled to vest quarterly through May 10, 2025 and 300,000 will vest contingent upon the completion of performance obligations.