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

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.