Cecile Munnik - Oct 1, 2024 Form 4/A - Amendment Insider Report for NextPlat Corp (NXPL)

Role
CFO
Signature
/s/ Cecile Munnik
Stock symbol
NXPL
Transactions as of
Oct 1, 2024
Transactions value $
$0
Form type
4/A - Amendment
Date filed
10/4/2024, 11:44 AM
Date Of Original Report
Oct 3, 2024
Previous filing
Jun 9, 2023

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
holding NXPL Employee Stock Option (right to buy) 37.2K Oct 1, 2024 Common Stock 37.2K $3.90 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the Merger of Progressive Care Inc. into the Issuer, the Reporting Person received stock options to acquire 37,163 shares of the Issuer's common stock in exchange for stock options to acquire 25,000 shares of Progressive Care Inc. The options are fully vested.
F2 On October 3, 2024, the Reporting Person filed a Form 4 which inadvertently reported beneficial ownership of 92,163 stock options. In fact, as reported in this amendment, the Reporting Person directly owned stock options to acquire 37,163 shares of the Issuer's common stock.