Paul R. Thomson - 16 Dec 2021 Form 4 Insider Report for ORBSAT CORP (NXPL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Dec 2021, 15:29:02 UTC
Prior SEC filing
03 Sep 2021
Next SEC filing
06 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Paul R. Thomson

Key filing fact

Paul R. Thomson filed Form 4 for ORBSAT CORP (NXPL) on 20 Dec 2021.

Key facts

  • This page summarizes Paul R. Thomson's Form 4 filing for ORBSAT CORP (NXPL).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 20 Dec 2021, 15:29.

Change

  • Previous filing in this sequence was filed on 03 Sep 2021.
  • 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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NXPLW transaction

Common Stock, par value $0.0001

Award

Transaction value
$0
Shares
+10,000
Change %
+100%
Price
$0.000000
Shares after
20,000
Date
16 Dec 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

NXPLW transaction Derivative

Non-Qualified Stock Option (right to buy)

Award

Transaction value
$0
Shares
+10,000
Change %
Price
$0.000000
Shares after
10,000
Date
16 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,000
Exercise price
$3.81
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents a restricted stock award effective 12/16/2021, the date Company's stockholders approved the Company's 2021 Incentive Award Plan. The award was granted pursuant to the Company's 2021 Incentive Award Plan.

Footnote F2

The grant of these options was effective 12/16/2021 (the "Grant Date"), the date Company's stockholders approved the Company's 2021 Incentive Award Plan. The award was granted pursuant to the Company's 2021 Incentive Award Plan. One half of the award will be fully vested on Grant Date and the remaining half will vest on the one year anniversary of the Grant Date.

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