Cecile Munnik - 14 Nov 2022 Form 4 Insider Report for Progressive Care Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 Nov 2022, 15:41:35 UTC
Prior SEC filing
06 Jan 2022
Next SEC filing
09 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Cecile Munnik

Key filing fact

Cecile Munnik filed Form 4 for Progressive Care Inc. on 16 Nov 2022.

Key facts

  • This page summarizes Cecile Munnik's Form 4 filing for Progressive Care Inc..
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 16 Nov 2022, 15:41.

Change

  • Previous filing in this sequence was filed on 06 Jan 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RXMD transaction Derivative

Stock Option

Award

Transaction value
Shares
+5,000,000
Change %
Price
Shares after
5,000,000
Date
14 Nov 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,000,000
Exercise price
Footnotes
F1, F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The options vested immediately but have not been exercised pursuant to the Stock Option Award Agreement.

Footnote F2

The price per share of the Shares subject to the Option shall not be less than 100% of the Fair Market Value of a Share on the Date of Grant. Notwithstanding the foregoing, if this Option is designated as an Incentive Stock Option and the Reporting Person is a Ten Percent Holder as of the Date of Grant, the exercise price per share of the Shares subject to the Option shall not be less than 110% of the Fair Market Value of a Share on the Date of Grant.

Footnote F3

The Option shall commence on Grant Date and terminate on the date of first to occur of: (1) If Option is designated as an Incentive Stock Option and Reporting Person, at time Option was granted, was a 10% Holder, the expiration of (5) years from Date of Grant; (2) 10th anniversary of Date of Grant; (3) (1) year following Reporting Person's termination of Continuous Service Status with Issuer and its Affiliates as a result of termination of service of Reporting Person by Issuer or any of its Affiliates on account of death or Disability; (4) (30) days following Reporting Person's termination of service of a Participant with Issuer and its Affiliates as a result of termination of service of a Participant by Reporting Person other than for Cause; and (5) Close of business on last business day immediately prior to date of Reporting Person's termination of service by Issuer for Cause or for any reason other than as set forth above.

Footnote F4

This number does not represent the 1,000,000 shares of the Company's common stock, or non-derivative securities, held by Cecile Munnik as of the date of this Form 4.

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