Phipps David 4
4 · ORBSAT CORP · Filed Jan 6, 2022
Insider Transaction Report
Form 4
ORBSAT CORPOSAT
Phipps David
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock, par value $0.0001
2022-01-05$3.24/sh+46,297$150,002→ 393,288 total
Footnotes (1)
- [F1]Represents 46,297 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.