Robert Bedwell - Apr 7, 2023 Form 4 Insider Report for NextPlat Corp (NXPL)

Role
Chief Compliance Officer
Signature
/s/ Robert Bedwell
Stock symbol
NXPL
Transactions as of
Apr 7, 2023
Transactions value $
$0
Form type
4
Date filed
6/9/2023, 03:50 PM
Previous filing
Dec 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXPL Common Stock Award $0 +5K $0.00 5K Apr 7, 2023 Direct F1, F3

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 Options Award $0 +5K +10% $0.00 55K Apr 7, 2023 Common Stock 5K $1.98 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 7, 2023, Mr. Bedwell entered into a Restricted Stock Award Agreement with the Issuer, pursuant to which Mr. Bedwell was awarded 5,000 shares of Issuer's common stock. The restricted stock vests immediately upon issuance.
F2 On April 7, 2023, Mr. Bedwell entered into a Stock Option Agreement with the Issuer pursuant to which Mr. Bedwell was granted an option to purchase 5,000 shares of Issuer's common stock, of which one third of the shares of common stock vest 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.
F3 The options were granted pursuant to the Issuer's 2021 Incentive Award Plan.