Munnik Cecile 4
4 · NextPlat Corp · Filed Dec 5, 2022
Insider Transaction Report
Form 4
NextPlat CorpNXPL
Munnik Cecile
Chief Financial Officer
Transactions
- Award
Stock Options
2022-11-14+50,000→ 50,000 totalExercise: $1.71From: 2022-11-14Exp: 2027-11-14→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]On December 5, 2022, Ms. Munnik entered into a Stock Option Agreement with the Issuer with an effective date of November 14, 2022 pursuant to which Ms. Munnik was granted an option to purchase 50,000 shares of Issuer's common stock, of which options to purchase 25,000 shares of common stock vest immediately on the Grant Date, with options to purchase an additional 10,000 shares of common stock vesting on the one-year anniversary of the Grant Date, and options to purchase the remaining 15,000 shares of common stock vesting on the second-year anniversary of the Grant Date.
- [F2]The options were granted as an inducement for Ms. Munnik to enter into her employment agreement with the Issuer.