Donald P. Monaco - Jun 30, 2021 Form 4 Insider Report for NextPlay Technologies Inc. (NXTP)

Role
Director
Signature
/s/ Donald P. Monaco
Stock symbol
NXTP
Transactions as of
Jun 30, 2021
Transactions value $
$342,722,430,625
Form type
4
Date filed
8/17/2021, 07:47 PM
Next filing
Jan 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NXTP Common Stock 238K Jun 30, 2021 Direct
holding NXTP Common Stock 934K Jun 30, 2021 Through the Donald P. Monaco Insurance Trust F3, F4
holding NXTP Common Stock 822K Jun 30, 2021 Through Monaco Investment Partners II, LP F4, F5

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 NXTP Convertible Promissory Note Award $343B +585K $585,425.00* 585K Jun 30, 2021 Common Stock 194K $3.02 Through Monaco Investment Partners II, LP F1, F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired on April 8, 2021, in exchange for accrued Series A Preferred Stock dividends in the same amount. Convertible upon the closing of the Registrant's share exchange agreement with HotPlay Enterprise Limited and its stockholders (the "Exchange"), which closed on June 30, 2021. Accrues interest at the rate of 12% per annum, compounded monthly at the end of each calendar month. Convertible, at the option of the holder thereof at any time beginning 7 days after the closing of the Exchange, at $3.02 per share. Exempt from Section 16(b) pursuant to Rule 16b-3.
F2 Convertible Note matures on April 7, 2022.
F3 The securities are beneficially owned by Donald P. Monaco Insurance Trust ("Trust"). Donald P. Monaco, is the trustee of the Trust. As such, Mr. Monaco is deemed to beneficially own the securities held by the Trust.interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess shares for the purposes of Section 16 of the Exchange Act or for any other purpose.
F4 Mr. Monaco disclaims beneficial ownership of all shares held by the Trust and Monaco Investment Partners II, LP ("MI Partners") in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess shares for the purposes of Section 16 of the Exchange Act or for any other purpose.
F5 Securities are beneficially owned by MI Partners. Mr. Monaco is the managing general partner of MI Partners. As such, Mr. Monaco is deemed to beneficially own the securities held by the MI Partners.