Home/Filings/4/0001437749-24-030667
4//SEC Filing

Fernandez Charles M. 4

Accession 0001437749-24-030667

CIK 0001058307other

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 10:27 AM ET

Size

10.6 KB

Accession

0001437749-24-030667

Insider Transaction Report

Form 4
Period: 2024-10-01
Fernandez Charles M.
DirectorChairman & CEO10% Owner
Transactions
  • Award

    Employee Stock Option (right to buy)

    2024-10-01+233,682233,682 total
    Exercise: $1.48Exp: 2032-09-13Common Stock (233,682 underlying)
  • Award

    Common Stock

    2024-10-01+687,0382,990,252 total(indirect: By LLC)
  • Award

    Common Stock

    2024-10-01+27,1451,576,598 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    25,000
Footnotes (5)
  • [F1]On October 1, 2024, the Reporting Person received 27,145 shares of the Issuer's common stock in exchange for 18,261 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.
  • [F2]In connection with the Merger, the Reporting Person indirectly received 687,038 shares of the Issuer's common stock in exchange for 462,185 shares of Progressive Care Inc. through eAperion Partners LLC. 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.
  • [F3]Mr. Fernandez is the sole member and managing partner of eAperion Partners LLC and has voting and dispotive power over the reported shares.
  • [F4]Lauren Sturges-Fernandez
  • [F5]In connection with the Merger, the Report Person received stock options to acquire 233,682 shares of the Issuer's common stock in exchange for stock options to acquire 157,203 shares of Progressive Care Inc. The options are fully vested.

Issuer

NextPlat Corp

CIK 0001058307

Entity typeother

Related Parties

1
  • filerCIK 0001509529

Filing Metadata

Form type
4
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 10:27 AM ET
Size
10.6 KB