Charles M. Fernandez - Dec 31, 2023 Form 5 Insider Report for NextPlat Corp (NXPL)

Role
Chairman & CEO, Director, 10%+ Owner
Signature
/s/ Charles M. Fernandez
Stock symbol
NXPL
Transactions as of
Dec 31, 2023
Transactions value $
$0
Form type
5
Date filed
4/23/2024, 05:24 PM
Previous filing
Oct 20, 2023
Next filing
Oct 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXPL Common Stock Award $0 +39K +1.07% $0.00 3.68M Feb 28, 2023 Direct F2
transaction NXPL Common Stock Award $0 +325K +9.69% $0.00 3.68M Apr 3, 2023 Direct F2
transaction NXPL Common Stock Award $0 +25K +0.68% $0.00 3.68M Apr 7, 2023 By wife F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NXPL Stock Option Award $0 +25K +7.25% $0.00 370K Apr 7, 2023 Common Stock, par value $0.0001 per share 25K $0.00 By wife F3
transaction NXPL Stock Option Award $0 +200K +117.65% $0.00 370K Apr 14, 2023 Common Stock, par value $0.0001 per share 200K $0.00 By eAperion Partners, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 7, 2023, the reporting person's wife, and employee of the Issuer, entered into a Restricted Stock Award Agreement with the Issuer, pursuant to which she was granted 25,000 shares of the Issuer's common stock. The restricted stock vested immediately upon issuance.
F2 Includes 3,652,667 shares of common stock held indirectly by eAperion Partners, LLC, of which Mr. Fernandez is the owner and manager.
F3 The reporting person's wife, an employee of the Issuer, was granted options to purchase up to 25,000 shares of the Issuer's common stock pursuant to a Stock Option Agreement dated April 7, 2023, of which one third of the shares of common stock vested immediately on the Grant Date, with options to purchase an additional third of the shares of common stock vesting on the one-year anniversary of the Grant Date, and options to purchase the remaining third of the shares of common stock vesting on the second-year anniversary of the Grant Date.
F4 On April 14, 2023, the reporting person was granted options to purchase up to 200,000 shares of the Issuer's common stock pursuant to a Stock Option Agreement dated April 14, 2023, of which the shares of common stock vested immediately on the Grant Date.