SEC Form 4 · accession 0001554795-16-000974
Red Cat Holdings, Inc. · RCAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan R Read
Officer — Chief Executive Officer · Director
Period of report
Sep 13, 2016
Accepted (ET)
Dec 7, 2016 · 4:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000748268
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 13, 2016 | A | 500,000 | — | A | 500,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an award of restricted stock units of which 166,667 were fully vested on grant and the remainder vest in approximately equal installments on the first and second anniversary of the date of grant, subject to continued employment on each vesting date. The shares underlying the restricted stock units are deliverable on the second anniversary of the date of grant. All share numbers give effect to the Issuer's one-for-10 reverse stock split effective November 21, 2016.