UMAC

SEC source: 0001683168-24-005132 · ownership.xml · nonDerivative · entry 1

Thompson Jeffrey M · CIK 0001397565 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 359,087

F1 · security: Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant and any issuances thereunder are exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Board of Directors of the Issuer. The restricted stock units are fully vested, subject to execution of the Company's standard Restricted Stock Unit Agreement which occurred on July 29, 2024. Shares of common stock will be delivered to the Reporting Person promptly upon vesting of the restricted stock units. The restricted stock units were granted under the Issuer's 2022 Equity Incentive Plan, as amended.

SEC source: 0001683168-24-005130 · ownership.xml · nonDerivative · entry 1

Lowry Robert Paul · CIK 0001996747 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,135

F1 · security: Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant and any issuances thereunder are exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Board of Directors of the Issuer. The restricted stock units are fully vested, subject to execution of the Company's standard Restricted Stock Unit Agreement which occurred on July 29, 2024. Shares of common stock will be delivered to the Reporting Person promptly upon vesting of the restricted stock units. The restricted stock units were granted under the Issuer's 2022 Equity Incentive Plan, as amended.

SEC source: 0001683168-24-005129 · ownership.xml · nonDerivative · entry 1

Colon Cristina · CIK 0001996875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 37,962

F1 · security: Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant and any issuances thereunder are exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Board of Directors of the Issuer. The restricted stock units are fully vested, subject to execution of the Company's standard Restricted Stock Unit Agreement which occurred on July 29, 2024. Shares of common stock will be delivered to the Reporting Person promptly upon vesting of the restricted stock units. The restricted stock units were granted under the Issuer's 2022 Equity Incentive Plan, as amended.

SEC source: 0001683168-24-007367 · ownership.xml · nonDerivative · entry 1

Rich Sanford · CIK 0001362039 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 43,135

F1 · security: On July 30, 2024, the Reporting Person filed a Form 4, which inadvertently reported the securities as restricted stock units instead of shares of the Issuer's restricted common stock. The grant was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Board of Directors of the Issuer. The shares of restricted common stock were fully vested upon execution of the Company's standard Restricted Stock Agreement, which occurred on July 29, 2024. The shares of the Issuer's restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan, as amended.

SEC source: 0001683168-24-007366 · ownership.xml · nonDerivative · entry 1

Thompson Jeffrey M · CIK 0001397565 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 359,087

F1 · security: On July 30, 2024, the Reporting Person filed a Form 4, which inadvertently reported the securities as restricted stock units instead of shares of the Issuer's restricted common stock. The grant was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Board of Directors of the Issuer. The shares of restricted common stock were fully vested upon execution of the Company's standard Restricted Stock Agreement, which occurred on July 29, 2024. The shares of the Issuer's restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan, as amended.

SEC source: 0001683168-24-007365 · ownership.xml · nonDerivative · entry 1

Lowry Robert Paul · CIK 0001996747 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,135

F1 · security: On July 30, 2024, the Reporting Person filed a Form 4, which inadvertently reported the securities as restricted stock units instead of shares of the Issuer's restricted common stock. The grant was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Board of Directors of the Issuer. The shares of restricted common stock were fully vested upon execution of the Company's standard Restricted Stock Agreement, which occurred on July 29, 2024. The shares of the Issuer's restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan, as amended.

SEC source: 0001683168-24-007364 · ownership.xml · nonDerivative · entry 1

Colon Cristina · CIK 0001996875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 37,962

F1 · security: On July 30, 2024, the Reporting Person filed a Form 4, which inadvertently reported the securities as restricted stock units instead of shares of the Issuer's restricted common stock. The grant was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Board of Directors of the Issuer. The shares of restricted common stock were fully vested upon execution of the Company's standard Restricted Stock Agreement, which occurred on July 29, 2024. The shares of the Issuer's restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan, as amended.

SEC source: 0001554795-24-000174 · ownership.xml · derivative · entry 3

Red Cat Holdings, Inc. · CIK 0000748268 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common stock · 0 shares

Expires 2025-11-30

F2 · derivative.exercise_price: As previously reported, the Reporting Person previously acquired a $2,000,000 original principal amount of UMAC 8% Promissory Notes (the "Notes") as part of the purchase price paid by the Issuer for the Reporting Person's former subsidiaries Rotor Riot, LLC and Fat Shark Holdings, Ltd. On July 19, 2024, the Reporting Person and UMAC agreed to amend and re-issue the Notes in order to increase the principal amount of the note to $4,000,000 from $2,000,000 pursuant to the working capital adjustment provision for adjustment of the purchase price for the Reporting Person's former subsidiaries. The Notes are not subject to conversion if the holder, together with its affiliates, would beneficially own in excess of 4.99% of the number of shares of the Issuer's common stock outstanding immediately after giving effect to such conversion. On July 22, 2024, the Reporting Person sold the Notes together with its equity securities in the Issuer as described above.

F2 · price: As previously reported, the Reporting Person previously acquired a $2,000,000 original principal amount of UMAC 8% Promissory Notes (the "Notes") as part of the purchase price paid by the Issuer for the Reporting Person's former subsidiaries Rotor Riot, LLC and Fat Shark Holdings, Ltd. On July 19, 2024, the Reporting Person and UMAC agreed to amend and re-issue the Notes in order to increase the principal amount of the note to $4,000,000 from $2,000,000 pursuant to the working capital adjustment provision for adjustment of the purchase price for the Reporting Person's former subsidiaries. The Notes are not subject to conversion if the holder, together with its affiliates, would beneficially own in excess of 4.99% of the number of shares of the Issuer's common stock outstanding immediately after giving effect to such conversion. On July 22, 2024, the Reporting Person sold the Notes together with its equity securities in the Issuer as described above.

F2 · derivative.underlying_shares: As previously reported, the Reporting Person previously acquired a $2,000,000 original principal amount of UMAC 8% Promissory Notes (the "Notes") as part of the purchase price paid by the Issuer for the Reporting Person's former subsidiaries Rotor Riot, LLC and Fat Shark Holdings, Ltd. On July 19, 2024, the Reporting Person and UMAC agreed to amend and re-issue the Notes in order to increase the principal amount of the note to $4,000,000 from $2,000,000 pursuant to the working capital adjustment provision for adjustment of the purchase price for the Reporting Person's former subsidiaries. The Notes are not subject to conversion if the holder, together with its affiliates, would beneficially own in excess of 4.99% of the number of shares of the Issuer's common stock outstanding immediately after giving effect to such conversion. On July 22, 2024, the Reporting Person sold the Notes together with its equity securities in the Issuer as described above.

SEC source: 0001554795-24-000174 · ownership.xml · nonDerivative · entry 1

Red Cat Holdings, Inc. · CIK 0000748268 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

F1 · price: Effective July 22, 2024, the Reporting Person sold all of its securities in the Issuer to two unaffiliated third-party purchasers (the "Purchasers"). As part of that transaction and immediately prior to the sale to the Purchasers, the Reporting Person entered into an Exchange Agreement with the Issuer pursuant to which the Reporting Person exchanged 4,250,000 shares of Common Stock of the Issuer for 4,250 shares of Series A Convertible Preferred Stock ("Preferred Stock") of the Issuer. The Preferred Stock is not subject to conversion if the holder, together with its affiliates, would beneficially own in excess of 4.99% of the number of shares of the Issuer's common stock outstanding immediately after giving effect to such conversion. The Purchaser acquired all of the Reporting Person's Preferred Stock and all of the Notes (as defined below) for a total purchase price of $4,400,000.

SEC source: 0001554795-24-000174 · ownership.xml · derivative · entry 2

Red Cat Holdings, Inc. · CIK 0000748268 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,000,000

Underlying: Common stock · 0 shares

Expires 2025-11-30

F2 · derivative.exercise_price: As previously reported, the Reporting Person previously acquired a $2,000,000 original principal amount of UMAC 8% Promissory Notes (the "Notes") as part of the purchase price paid by the Issuer for the Reporting Person's former subsidiaries Rotor Riot, LLC and Fat Shark Holdings, Ltd. On July 19, 2024, the Reporting Person and UMAC agreed to amend and re-issue the Notes in order to increase the principal amount of the note to $4,000,000 from $2,000,000 pursuant to the working capital adjustment provision for adjustment of the purchase price for the Reporting Person's former subsidiaries. The Notes are not subject to conversion if the holder, together with its affiliates, would beneficially own in excess of 4.99% of the number of shares of the Issuer's common stock outstanding immediately after giving effect to such conversion. On July 22, 2024, the Reporting Person sold the Notes together with its equity securities in the Issuer as described above.

F2 · price: As previously reported, the Reporting Person previously acquired a $2,000,000 original principal amount of UMAC 8% Promissory Notes (the "Notes") as part of the purchase price paid by the Issuer for the Reporting Person's former subsidiaries Rotor Riot, LLC and Fat Shark Holdings, Ltd. On July 19, 2024, the Reporting Person and UMAC agreed to amend and re-issue the Notes in order to increase the principal amount of the note to $4,000,000 from $2,000,000 pursuant to the working capital adjustment provision for adjustment of the purchase price for the Reporting Person's former subsidiaries. The Notes are not subject to conversion if the holder, together with its affiliates, would beneficially own in excess of 4.99% of the number of shares of the Issuer's common stock outstanding immediately after giving effect to such conversion. On July 22, 2024, the Reporting Person sold the Notes together with its equity securities in the Issuer as described above.

F2 · derivative.underlying_shares: As previously reported, the Reporting Person previously acquired a $2,000,000 original principal amount of UMAC 8% Promissory Notes (the "Notes") as part of the purchase price paid by the Issuer for the Reporting Person's former subsidiaries Rotor Riot, LLC and Fat Shark Holdings, Ltd. On July 19, 2024, the Reporting Person and UMAC agreed to amend and re-issue the Notes in order to increase the principal amount of the note to $4,000,000 from $2,000,000 pursuant to the working capital adjustment provision for adjustment of the purchase price for the Reporting Person's former subsidiaries. The Notes are not subject to conversion if the holder, together with its affiliates, would beneficially own in excess of 4.99% of the number of shares of the Issuer's common stock outstanding immediately after giving effect to such conversion. On July 22, 2024, the Reporting Person sold the Notes together with its equity securities in the Issuer as described above.

SEC source: 0001683168-24-003881 · ownership.xml · nonDerivative · entry 1

Colon Cristina · CIK 0001996875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 31,910

SEC source: 0001683168-24-003827 · ownership.xml · nonDerivative · entry 1

Camden Andrew Ross · CIK 0002014748 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 51,000

SEC source: 0001683168-24-003826 · ownership.xml · nonDerivative · entry 1

Evans Allan Thomas · CIK 0001840143 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 25,000

SEC source: 0001683168-24-003781 · ownership.xml · nonDerivative · entry 2

Rich Sanford · CIK 0001362039 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 37,083

SEC source: 0001683168-24-003781 · ownership.xml · nonDerivative · entry 1

Rich Sanford · CIK 0001362039 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,667

SEC source: 0001683168-24-002927 · ownership.xml · nonDerivative · entry 2

Evans Allan Thomas · CIK 0001840143 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By: 8 Consulting LLC

Disclosed balance after: 528,650

F3 · security: The May 2, 2024, grant was in exchange for a $50,000 compensation reduction.

F2 · ownership.nature: The shares are held by 8 Consulting LLC, which the Reporting Person is the sole owner and holds voting and dispositive control.

SEC source: 0001683168-24-008982 · ownership.xml · nonDerivative · entry 2

Evans Allan Thomas · CIK 0001840143 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By: 8 Consulting LLC

Disclosed balance after: 528,650

F3 · security: The May 2, 2024 grant was in exchange for a $50,000 compensation reduction.

F2 · ownership.nature: The shares are held by 8 Consulting LLC for which the Reporting Person is the owner and holds voting and dispositive control.

SEC source: 0001683168-24-002920 · ownership.xml · nonDerivative · entry 1

Camden Andrew Ross · CIK 0002014748 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,000

F1 · security: The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan. The shares are fully vested, but are subject to pro rata forfeiture from February 14, 2024 until February 14, 2025, in the event the Reporting Person is terminated or ends his services to the Issuer for any reason other than death or disability, as defined in the Internal Revenue Code.

SEC source: 0001683168-24-002921 · ownership.xml · nonDerivative · entry 1

Rich Sanford · CIK 0001362039 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,083

F1 · security: The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan for services as a member of the board of directors and are fully vested.

SEC source: 0001683168-24-002923 · ownership.xml · nonDerivative · entry 1

Thompson Jeffrey M · CIK 0001397565 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 353,500

F1 · security: The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan for services as a member of the board of directors and are fully vested.

SEC source: 0001683168-24-002927 · ownership.xml · nonDerivative · entry 1

Evans Allan Thomas · CIK 0001840143 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By: 8 Consulting LLC

Disclosed balance after: 488,000

F1 · security: The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan. The shares are fully vested, but are subject to pro rata forfeiture from February 14, 2024 until February 14, 2025, in the event the Reporting Person is terminated or ends his services to the Issuer for any reason other than death or disability, as defined in the Internal Revenue Code.

F2 · ownership.nature: The shares are held by 8 Consulting LLC, which the Reporting Person is the sole owner and holds voting and dispositive control.

SEC source: 0001683168-24-002922 · ownership.xml · nonDerivative · entry 1

Hoff Brian Joseph · CIK 0001856726 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 293,000

F1 · security: The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan and shall vest as follows: 50% on the Transaction Date and 50% on January 1, 2025. The shares are subject to pro rata forfeiture from February 14, 2024 until February 14, 2025, in the event the Reporting Person is terminated or ends his services to the Issuer for any reason other than death or disability, as defined in the Internal Revenue Code.

SEC source: 0001683168-24-002925 · ownership.xml · nonDerivative · entry 1

Lowry Robert Paul · CIK 0001996747 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,083

F1 · security: The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan for services as a member of the board of directors and chair of a committee and are fully vested.

SEC source: 0001683168-24-002919 · ownership.xml · nonDerivative · entry 1

Colon Cristina · CIK 0001996875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,083

F1 · security: The shares of restricted common stock were granted under the Issuer's 2022 Equity Incentive Plan for services as a member of the board of directors and are fully vested.

SEC source: 0001683168-24-008855 · ownership.xml · nonDerivative · entry 1

Hoff Brian Joseph · CIK 0001856726 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 293,000

F1 · security: On April 30, 2024, the Reporting Person was granted shares of restricted common stock under the Issuer's 2022 Equity Incentive Plan. On December 20, 2024, the Board of Directors of the Issuer approved extending the vesting date for the restricted common stock from January 2, 2025 to April 2, 2025. The original grant and the amendment were both approved by the Issuer's Board of Directors and was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder. The shares of restricted common stock vest as follows: 50% on the Transaction Date and 50% on April 2, 2025. The shares are subject to pro rata forfeiture from February 14, 2024 until February 14, 2025, in the event the Reporting Person is terminated or ends his services to the Issuer for any reason other than death or disability, as defined in the Internal Revenue Code.

SEC source: 0001683168-24-008983 · ownership.xml · nonDerivative · entry 1

Camden Andrew Ross · CIK 0002014748 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,000

F1 · security: On April 30, 2024, the Reporting Person was granted shares of restricted common stock under the Issuer's 2022 Equity Incentive Plan. The original grant was approved by the Issuer's Board of Directors and was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder. The shares are fully vested, but are subject to pro rata forfeiture from February 14, 2024 until February 14, 2025, in the event the Reporting Person is terminated or ends his services to the Issuer for any reason other than death or disability, as defined in the Internal Revenue Code.

SEC source: 0001683168-24-008982 · ownership.xml · nonDerivative · entry 1

Evans Allan Thomas · CIK 0001840143 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By: 8 Consulting LLC

Disclosed balance after: 488,000

F1 · security: On April 30, 2024, the Reporting Person was granted shares of restricted common stock under the Issuer's 2022 Equity Incentive Plan. The original grant was approved by the Issuer's Board of Directors and was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder. The shares are fully vested, but are subject to pro rata forfeiture from February 14, 2024 until February 14, 2025, in the event the Reporting Person is terminated or ends his services to the Issuer for any reason other than death or disability, as defined in the Internal Revenue Code.

F2 · ownership.nature: The shares are held by 8 Consulting LLC for which the Reporting Person is the owner and holds voting and dispositive control.