Andrew Scott Cohen - Oct 8, 2021 Form 3 Insider Report for ORBSAT CORP (NXPLW)

Role: SVP of Operations
Signature: /s/ Andrew Scott Cohen
Stock symbol: NXPLW
Transactions as of: Oct 8, 2021
Transactions value $: $0
Form type: 3
Date filed: 10/26/2021, 12:47 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NXPLW	Common Stock, par value $0.0001						25K	Oct 8, 2021	Direct	F1

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	NXPLW	Options to purchase Common Stock, par value $0.0001							Oct 8, 2021	Common Stock	25K	$5.35	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 25,000 shares of restricted common stock granted pursuant to an Employment Agreement and evidenced by a Restricted Stock Agreement, of which 10,000 shares of restricted common stock vested immediately upon issuance on October 21, 2021, with an additional 5,000 share of restricted common stock to be issued and to vest on each of October 8, 2022, October 8, 2023, and October 8, 2024.
F2	Options are fully vested.