0001062993-23-008120.txt : 20230331 0001062993-23-008120.hdr.sgml : 20230331 20230331092815 ACCESSION NUMBER: 0001062993-23-008120 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221213 FILED AS OF DATE: 20230331 DATE AS OF CHANGE: 20230331 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Macdonald Sean CENTRAL INDEX KEY: 0001553633 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54693 FILM NUMBER: 23783673 MAIL ADDRESS: STREET 1: C/O LEATT CORP., 50 KIEPERSOL CRESCENT STREET 2: ATLAS GARDENS, CONTERMANSKLOOF CITY: DURBANVILLE, CAPE TOWN STATE: T3 ZIP: 7550 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Leatt Corp CENTRAL INDEX KEY: 0001456189 STANDARD INDUSTRIAL CLASSIFICATION: MOTORCYCLES, BICYCLES & PARTS [3751] IRS NUMBER: 202819367 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 12 KIEPERSOL DRIVE, ATLAS GARDENS STREET 2: CONTERMANSKLOOF ROAD CITY: DURBANVILLE, WESTERN CAPE STATE: T3 ZIP: 7550 BUSINESS PHONE: (27)21-556-5409 MAIL ADDRESS: STREET 1: 12 KIEPERSOL CRES, ATLAS GARDENS STREET 2: CONTERMANSKLOOF ROAD CITY: DURBANVILLE, WESTERN CAPE STATE: T3 ZIP: 7550 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0407 4 2022-12-13 0001456189 Leatt Corp LEAT 0001553633 Macdonald Sean 12 KIEPERSOL DRIVE, ATLAS GARDENS CONTERMANSKLOOF ROAD DURBANVILLE, WESTERN CAPE T3 7441 SOUTH AFRICA 1 0 0 0 0 Common Stock, par value $0.001 per share 2022-12-13 4 F 0 20240 1.60 A 208779 D Common Stock, par value $0.001 per share 2022-12-13 4 F 0 69030 2.30 A 277809 D Common Stock, par value $0.001 per share 2022-12-20 4 A 0 10000 18.51 A 287809 D On August 24, 2017, the Issuer's Board of Directors approved a grant to the Reporting Person, of a ten-year option to purchase 78,000 shares of the Issuer's common stock at $1.60 per share under the 2011 Plan, which vested in full on December 31, 2019. On December 13, 2022, the Reporting Person exercised his option to purchase 22,000 of these shares at an aggregate exercise price of $35,200. The purchase price was paid through a cashless transaction whereby the Issuer withheld 1,760 of the shares at the fair market value of $20 per share, in lieu of cash payment and the Reporting person received the remaining 20,240 shares. On February 25, 2019, the Issuer's Board of Directors approved a grant to the Reporting Person, of a ten-year option to purchase 78,000 shares of the Issuer's common stock at $2.30 per share under the 2011 Amended and Restated Equity Incentive Plan ("2011 Plan"), which vested in full on February 25, 2022. On December 13, 2022, the Reporting Person exercised his option to purchase these shares at an aggregate exercise price of $179,400. The purchase price was paid through a cashless transaction whereby the Issuer withheld 8,970 of the shares at the fair market value of $20 per share, in lieu of cash payment and the Reporting person received the remaining 69,030 shares. On December 20, 2022, the Issuer's Board approved the award of 10,000 restricted shares of the Issuer's common stock to the Reporting Person, pursuant to a Restricted Stock Award Agreement, under the Issuer's 2011 Plan, all of which vested on December 31, 2022. The Reporting Person is now the holder of 287,809 shares of the Issuer's common stock. /s/ Sean Macdonald 2023-03-31