4//SEC Filing
Monaco Donald P 4
Accession 0001641172-25-009109
CIK 0000788611other
Filed
May 6, 8:00 PM ET
Accepted
May 7, 7:48 PM ET
Size
8.5 KB
Accession
0001641172-25-009109
Insider Transaction Report
Form 4
NextTrip, Inc.NTRP
Monaco Donald P
Director
Transactions
- Award
Common Stock
2025-05-05+335,072→ 1,384,518 total(indirect: By Trust)
Holdings
- 11,386(indirect: By LLC)
Common Stock
- 1,733(indirect: By Monaco Investment Partners, LP)
Common Stock
Footnotes (5)
- [F1]Shares received by the Reporting Person upon achievement of the final milestone (the "Milestone") pursuant to that share exchange agreement entered into by and among the Issuer and various other parties on October 13, 2023, pursuant to which all outstanding shares of NextTrip Holdings, Inc. were exchanged for shares of the Issuer's common stock (the "Exchange"). The Exchange closed on December 29, 2023. No additional consideration was paid for the shares issued to the Reporting Person upon achievement of the Milestone.
- [F2]The shares are beneficially owned by the Donald P. Monaco Insurance Trust (the "Trust"). The Reporting Person is the trustee of the Trust. As such, the Reporting Person is deemed to beneficially own the shares held by the Trust.
- [F3]The Reporting Person disclaims beneficial ownership of all securities held by Monaco Investment Partners, LP ("MI Partners"), the Trust and Travel and Media Tech, LLC ("TMT") in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess shares for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F4]The shares are beneficially owned by MI Partners. The Reporting Person is the managing general partner of MI Partners. As such, the Reporting Person is deemed to beneficially own the securities held by the MI Partners.
- [F5]The securities are beneficially owned by TMT. Monaco Investment Partners II, LP ("MI II Partners") is a 52% member of TMT. The Reporting Person is the managing general partner of MI II Partners. As such, the Reporting Person is deemed to beneficially own the shares held by TMT.
Documents
Issuer
NextTrip, Inc.
CIK 0000788611
Entity typeother
Related Parties
1- filerCIK 0001563607
Filing Metadata
- Form type
- 4
- Filed
- May 6, 8:00 PM ET
- Accepted
- May 7, 7:48 PM ET
- Size
- 8.5 KB