Form 4 for NXPL NextPlat Corp
Accepted 2022-01-06 00:00:00 ET · period of report 2022-01-05 · accession 0001493152-22-000581 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-01-06 | 2022-01-05 | NXPL | Cusimano Louis | Dir | P - Purchase | $3.24 | +15.4K | 35.4K | +77% | +$50.0K |
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 | 2022-01-05 | P | A | 15,433 | $3.24 | 35,433 | D | — | — | (F1) Represents 15,433 shares of the Issuer's common stock acquired by the Reporting Person from the Issuer in a private placement transaction that closed on January 5, 2022, pursuant to a Securities Purchase Agreement dated December 31, 2021. The purchase price for the acquired shares was $3.24 per share, which is the closing transaction price of the Issuer's common stock reported by Nasdaq on December 31, 2021. (F2) Includes a restricted stock award that was effective 12/16/21 (the "Grant Date"). One half of the award (10,000 shares) was fully vested and issued on Grant Date and the remaining half (10,000 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. |