4//SEC Filing
Barreto Rodney 4
Accession 0001437749-23-028658
CIK 0001402945other
Filed
Oct 19, 8:00 PM ET
Accepted
Oct 20, 12:05 PM ET
Size
30.9 KB
Accession
0001437749-23-028658
Insider Transaction Report
Form 4
Barreto Rodney
Director
Transactions
- Exercise of In-Money
Common Stock
2023-07-01$2.20/sh+455,000$1,001,000→ 1,929,687 total(indirect: By NextPlat Corp) - Sale
Common Stock
2023-07-01$4.45/sh−168,386$749,318→ 1,876,956 total(indirect: By NextPlat Corp) - Exercise of In-Money
Common Stock
2023-07-01$2.20/sh+228,240$502,128→ 1,572,356 total(indirect: By LLC) - Sale
Common Stock
2023-07-01$4.45/sh−112,838$502,129→ 1,459,518 total(indirect: By LLC) - Sale
Common Stock
2023-07-01$4.45/sh−224,944$1,001,001→ 1,704,743 total(indirect: By NextPlat Corp) - Exercise of In-Money
Common Stock Warrants
2023-07-01+228,240→ 0 total(indirect: By LLC)Exercise: $2.20From: 2023-05-09Exp: 2028-05-09→ Common Stock (228,240 underlying) - Exercise of In-Money
Common Stock Warrants
2023-07-01+30,000→ 0 total(indirect: By LLC)Exercise: $2.20From: 2023-05-09Exp: 2026-05-09→ Common Stock (30,000 underlying) - Exercise of In-Money
Common Stock Warrants
2023-07-01+230,000→ 0 total(indirect: By NextPlat Corp)Exercise: $2.20From: 2023-05-09Exp: 2028-05-09→ Common Stock (230,000 underlying) - Exercise of In-Money
Common Stock
2023-07-01$2.20/sh+340,599$749,318→ 2,045,342 total(indirect: By NextPlat Corp) - Exercise of In-Money
Common Stock
2023-07-01$2.20/sh+230,000$506,000→ 2,106,956 total(indirect: By NextPlat Corp) - Sale
Common Stock
2023-07-01$2.20/sh−14,831$32,628→ 1,474,687 total(indirect: By LLC) - Exercise of In-Money
Common Stock
2023-07-01$2.20/sh+30,000$66,000→ 1,489,518 total(indirect: By LLC) - Exercise of In-Money
Common Stock Warrants
2023-07-01+340,599→ 0 total(indirect: By NextPlat Corp)Exercise: $2.20From: 2023-05-09Exp: 2026-05-09→ Common Stock (340,599 underlying) - Exercise of In-Money
Common Stock Warrants
2023-07-01+455,000→ 0 total(indirect: By NextPlat Corp)Exercise: $2.20From: 2023-05-09Exp: 2026-05-09→ Common Stock (455,000 underlying)
Footnotes (8)
- [F1]On July 1, 2023, RLB Market Investments LLC exercised a Conversion Warrant to purchase 228,240 shares of RXMD common stock for $2.20 a share. RLB Market Investments LLC paid the exercise price on a cashless basis, resulting in RXMD's withholding of 112,838 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 115,402 shares.
- [F2]On July 1, 2023, RLB Market Investments LLC exercised an Inducement Warrant to purchase 30,000 shares of RXMD common stock for $2.20 a share. The Reporting Person paid the exercise price on a cashless basis, resulting in RXMD's withholding of 14,831 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 15,169 shares.
- [F3]On July 1, 2023, NextPlat Corp exercised a Warrant to purchase 455,000 shares of RXMD common stock for $2.20 a share. NextPlat Corp paid the exercise price on a cashless basis, resulting in RXMD's withholding of 224,944 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 230,056 shares.
- [F4]On July 1, 2023, NextPlat Corp exercised a Conversion Warrant to purchase 340,599 shares of RXMD common stock for $2.20 a share. NextPlat Corp paid the exercise price on a cashless basis, resulting in RXMD's withholding of 168,386 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 172,213 shares.
- [F5]On July 1, 2023, NextPlat Corp, exercised a Conversion Warrant to purchase 230,000 shares of RXMD common stock for $2.20 per share. NextPlat Corp paid the exercise price on a cash basis.
- [F6]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F7]The Reporting Person is the president of RLB Market Investments LLC.
- [F8]Includes 33,261 shares of common stock directly held by the Reporting Person; 1,071,251 shares of common stock held indirectly by NextPlat Corp., of which the Reporting Person is a director; and 239,604 shares of common stock held indirectly by RLB Market Investments LLC, of which the Reporting person is the president.
Documents
Issuer
Progressive Care Inc.
CIK 0001402945
Entity typeother
Related Parties
1- filerCIK 0001901402
Filing Metadata
- Form type
- 4
- Filed
- Oct 19, 8:00 PM ET
- Accepted
- Oct 20, 12:05 PM ET
- Size
- 30.9 KB