Red Cat Holdings, Inc. — Director's Dealing 2021

Apr 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Red Cat Holdings, Inc. (RCAT)
CIK: 0000748268
Period of Report: 2021-03-18

Reporting Person: Liuzza Nicholas Reyland JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-18	Common Stock	C	317852	$1.00	Acquired	736443	Direct
2021-03-18	Common Stock	C	102992	$1.00	Acquired	839435	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-18	Convertible debenture	$1.00	C	300000	Disposed	2025-10-05	Common Stock (300000)	Direct
2021-03-18	Convertible debenture	$1.00	C	100000	Disposed	2026-01-27	Common Stock (100000)	Direct

Footnotes

F1: Represents conversion of convertible debenture for $300,000 plus accrued interest of $17,852.

F2: Represents conversion of convertible debenture for $100,000 plus accrued interest of $2,992.