Andrew Scott Cohen - 08 Oct 2021 Form 3 Insider Report for ORBSAT CORP (NXPL)

Role: SVP of Operations
Signature: /s/ Andrew Scott Cohen
Issuer symbol: NXPL
Transactions as of: 08 Oct 2021
Net transactions value: $0
Form type: 3
Filing time: 26 Oct 2021, 12:47:42 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NXPLW	Common Stock, par value $0.0001						25,000	08 Oct 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							08 Oct 2021	Common Stock	25,000	$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.