4//SEC Filing
Barreto Rodney 4
Accession 0001437749-24-030680
CIK 0001058307other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 11:40 AM ET
Size
9.1 KB
Accession
0001437749-24-030680
Insider Transaction Report
Form 4
NextPlat CorpNXPL
Barreto Rodney
Director
Transactions
- Award
Common Stock
2024-10-01+44,038→ 424,409 total - Award
Stock Option (right to buy)
2024-10-01+186,946→ 186,946 totalExercise: $1.48Exp: 2032-09-13→ Common Stock (186,946 underlying) - Award
Common Stock
2024-10-01+594,484→ 1,815,198 total(indirect: By LLC)
Footnotes (3)
- [F1]On October 1, 2024, the Reporting Person received 638,522 shares of the Issuer's common stock in exchange for 429,547 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]Mr. Barreto is the president of RLB Market Investments, LLC and has voting and dispotive power over the reported securities.
- [F3]In connection with the Merger, the Reporting Person received stock options to acquire 186,946 shares of the Issuer's common stock in exchange for stock options to acquire 125,762 shares of Progressive Care Inc. The stock options are fully vested.
Documents
Issuer
NextPlat Corp
CIK 0001058307
Entity typeother
Related Parties
1- filerCIK 0001901402
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 11:40 AM ET
- Size
- 9.1 KB