Form 4 for NXPL NextPlat Corp
Accepted 2024-10-03 00:00:00 ET · period of report 2024-10-01 · accession 0001437749-24-030636 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-10-03 | 2024-10-01 | NXPL | Munnik Cecile | CFO | A - Grant | — | +7,433 | 12.4K | +149% | — |
| D | 2024-10-03 | 2024-10-01 | NXPL | Munnik Cecile | CFO | A - Grant | $0.00 | +37.2K | 92.2K | +68% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-10-01 | A | A | 7,433 | — | 12,433 | D | — | — | (F1) On October 1, 2024, the Reporting Person received 7,433 shares of the Issuer's common stock in exchange for 5,000 shares of Progressive Care Inc. in connection with the merger of Progressive Care Inc. into the Issuer (the "Merger"). On the effective date of the Merger, the Issuer's Per Share Value was $1.48, which is the daily volume weighted average price of the Issuer's common stock for the 20-trading day period ended on the trading day immediately preceding the date of the Merger Agreement on Nasdaq. |
| 2 | Derivative | Employee Stock Option (right to buy) | 2024-10-01 | A | A | 37,163 | $0.00 | 92,163 | D | $3.90 · — to 2031-11-22 | 37,163 Common Stock | (F3) Represents 75,496 stock options that are fully vested. (F2) In connection with the Merger, the Report Person received stock options to acquire 37,163 shares of the Issuer's common stock in exchange for stock options to acquire 25,000 shares of Progressive Care Inc. The options are fully vested. |