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
NextPlat CorpNXPL
Fernandez Charles M.
DirectorChairman & CEO10% Owner
Transactions
- Award
Employee Stock Option (right to buy)
2024-10-01+233,682→ 233,682 totalExercise: $1.48Exp: 2032-09-13→ Common Stock (233,682 underlying) - Award
Common Stock
2024-10-01+687,038→ 2,990,252 total(indirect: By LLC) - Award
Common Stock
2024-10-01+27,145→ 1,576,598 total
Holdings
- 25,000(indirect: By Spouse)
Common Stock
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.
Documents
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