Form 4 for NXPL NextPlat Corp
Accepted 2021-12-20 00:00:00 ET · period of report 2021-12-16 · accession 0001493152-21-032067 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-12-20 | 2021-12-16 | NXPL | Fernandez Charles M. | COB, CEO, Dir, 10% | A - Grant | $0.00 | +376.0K | 1.01M | +59% | $0 |
| D | 2021-12-20 | 2021-12-16 | NXPL | Fernandez Charles M. | COB, CEO, Dir, 10% | A - Grant | $0.00 | -75.0K | 75.0K | -50% | $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, par value $0.0001 | 2021-12-16 | A | A | 101,000 | $0.00 | 732,940 | D | — | — | (F1) Represents a fully vested restricted stock award that was effective 12/16/2021, the date the Issuer's stockholders approved the Orbsat Corp 2020 Equity Incentive Plan. The award was granted pursuant to the Orbsat Corp 2020 Equity Incentive Plan. |
| 2 | Common | Common Stock, par value $0.0001 | 2021-12-16 | A | A | 275,000 | $0.00 | 1,007,940 | D | — | — | (F2) Represents a restricted stock award that was effective 12/16/21 (the "Grant Date"), the date Issuer's stockholders approved the Orbsat Corp 2021 Incentive Award Plan. One half of the award, (137,500 shares), will be fully vested and issued on Grant Date and the remaining half (137,500 shares) will vest and be issued on the one year anniversary of the Grant Date. The award was granted pursuant to the Orbsat Corp 2021 Incentive Award Plan. |
| 3 | Derivative | Non-Qualified Stock Option (right to buy) | 2021-12-16 | A | D | 75,000 | $0.00 | 75,000 | D | $3.81 · — to 2031-12-16 | 75,000 Common Stock | (F4) The grant of these options was effective 12/16/2021 (the "Grant Date"), the date Issuer's stockholders approved the Orbsat Corp 2021 Incentive Award Plan. The award was granted pursuant to the Orbsat Corp 2021 Incentive Award Plan. One half of the award will be fully vested on Grant Date and the remaining half will vest on the one year anniversary of the Grant Date. |