SEC Form 4
FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol Leatt Corp [ LEAT ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 04/25/2022 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock, par value $0.001 per share | 04/25/2022 | S(1) | 500 | D | $21.76 | 1,973,499 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 04/25/2022 | S(1) | 385 | D | $22.22 | 1,973,114 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 04/26/2022 | S(1) | 500 | D | $21.8 | 1,972,614 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 04/27/2022 | S(1) | 500 | D | $22.82 | 1,972,114 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 04/28/2022 | S(1) | 1,000 | D | $22.65 | 1,971,114 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 04/29/2022 | S(1) | 1,000 | D | $22.59 | 1,970,114 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/02/2022 | S(1) | 500 | D | $22.54 | 1,969,614 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/03/2022 | S(1) | 500 | D | $21.52 | 1,969,114 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/04/2022 | S(1) | 500 | D | $21.4 | 1,968,614 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/06/2022 | S(1) | 500 | D | $21.82 | 1,968,114 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/09/2022 | S(1) | 500 | D | $21.38 | 1,967,614 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/09/2022 | S(1) | 500 | D | $21.87 | 1,967,114 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/10/2022 | S(1) | 500 | D | $22.1 | 1,966,614 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/11/2022 | S(1) | 500 | D | $21.5 | 1,966,114 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/12/2022 | S(1) | 1,000 | D | $24.68 | 1,965,114 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/13/2022 | S(1) | 1,000 | D | $25.4 | 1,964,114 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/16/2022 | S(1) | 500 | D | $26.88 | 1,963,614 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/17/2022 | S(1) | 500 | D | $27.5 | 1,963,114 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/18/2022 | S(1) | 500 | D | $25.84 | 1,962,614 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/19/2022 | S(1) | 1,000 | D | $24.9 | 1,961,614 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 05/20/2022 | S(1) | 500 | D | $24 | 1,973,499 | I(2) | See footnote(2) | ||
Common Stock, par value $0.001 per share | 07/20/2022 | S(1) | 120,000 | D | $27 | 1,853,999 | I(2) | See footnote(2) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. Represents additional sales in the open market effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 17, 2021, for the sale of up to 200,000 shares of the Issuer's common stock over a 12-month period, in accordance with the timing and manner restrictions set forth in Rule 144 of the Securities Act. The Reporting Person sold an aggregate of 77,500 shares under the trading plan in multiple transactions at prices ranging from $22.92 to $32, inclusive, for an aggregate sale price of $2,042,733 prior to termination of the plan on May 20, 2022. |
2. Represents the private sale of restricted common stock of the Issuer pursuant to a stock purchase agreement, dated July 20, 2022, between the Reporting Person and Astoria Investments Ltd., a Mauritius investment company, and subject to the timing, volume and manner restrictions of Rule 144 of the United States of America Securities Act of 1933. |
/s/ Christopher J. Leatt | 07/21/2022 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |