Rodney Barreto - Sep 8, 2022 Form 3 Insider Report for Progressive Care Inc. (RXMD)

Role
Director
Signature
/s/ Rodney Barreto
Stock symbol
RXMD
Transactions as of
Sep 8, 2022
Transactions value $
$0
Form type
3
Date filed
9/19/2022, 03:54 PM
Previous filing
Jan 21, 2022
Next filing
Oct 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RXMD Common Stock, par value $0.0001 per share 3.65M Sep 8, 2022 Direct
holding RXMD Common Stock, par value $0.0001 per share 9.13M Sep 8, 2022 By NextPlat Corp 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 RXMD Convertible Note Sep 8, 2022 Common Stock, par value $0.0001 per share 24.3M $0.02 Direct
holding RXMD Convertible Note Sep 8, 2022 Common Stock, par value $0.0001 per share 60.7M $0.02 By NextPlat Corp F1
holding RXMD Series B Convertible Preferred Stock Sep 8, 2022 Common Stock, par value $0.0001 per share 300M $0.02 By NextPlat Corp F1
holding RXMD Series B Warrants Sep 8, 2022 Common Stock, par value $0.0001 per share 300M $0.02 By NextPlat Corp F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This security is owned by NextPlat Corp. As a Director of NextPlat Corp, Mr. Barreto has voting or investment control over this security. For the avoidance of doubt, Mr. Barreto expressly disclaims ownership of the Issuer's securities owned by NextPlat.
F2 The Series B Warrant first converts to 3,000 shares of Series B Preferred Stock which in turn converts to 300,000,000 shares of Issuer's Common Stock.