X0306 4 2020-02-12 0001023844 NATIONAL HOLDINGS CORP NHLD 0001645514 HUME DANIEL C/O 200 VESEY STREET 25TH FLOOR NEW YORK NY 10281 1 Common Stock 2020-02-12 4 M 0 25000 A 53495 D Common Stock 2020-02-12 4 M 0 3496 A 56991 D Common Stock 2020-02-13 4 M 0 5160 A 62151 D Restricted Stock Units 2020-02-12 4 M 0 25000 0 D Common Stock 25000 22578 D Restricted Stock Units 2020-02-12 4 M 0 3496 0 D Common Stock 3496 19082 D Restricted Stock Units 2020-02-13 4 M 0 5160 0 D Common Stock 5160 13922 D Each restricted stock unit converted into one share of National Holdings Corporation (the "Company") common stock. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. On February 12, 2018, the reporting person was granted 50,000 restricted stock units. These stock units vest in two equal annual installments beginning February 12, 2019. On February 12, 2018, the reporting person was granted 10,593 restricted stock units. These stock units vest in three equal annual installments beginning February 12, 2019. On February 13, 2019, the reporting person was granted 15,480 restricted stock units. These stock units vest in three equal annual installments beginning February 13, 2020. Exhibit 24 – Power of Attorney /s/ Giovanni Castellanos Attorney-in-Fact for Daniel Hume 2020-02-14