SEC Form 4 · accession 0001554795-18-000010
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
Jan 3, 2018
Accepted (ET)
Jan 5, 2018 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000748268
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1 | $0.03 | Jan 3, 2018 | A | 15,000,000 | A | Jan 3, 2018 | Jan 3, 2023 | Common Stock | 15,000,000 | 15,000,000 | D |
Explanation of responses
- F15,000,000 options vested on the Transaction Date. 5,000,000 options will vest one year from the Transaction Date, and the final 5,000,000 options will vest two-years from the Transaction Date, subject to continued employment with the Company on each applicable vesting date.