Leatt Form 4 / Christopher James Leatt ownership change

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^*

Leatt Christopher James

(Last)

(First)

(Middle)

12 KIEPERSOL DRIVE, ATLAS GARDENS

CONTERMANSKLOOF ROAD

(Street)

DURBANVILLE, WESTERN CAPE

7441

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Leatt Corp [ LEAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

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)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
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)
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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

Leatt (LEAT) Form 4Leatt / Christopher James Leatt ownership change