Cecile Munnik - 01 Oct 2024 Form 4 Insider Report for NextPlat Corp (NXPL)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Oct 2024, 17:06:54 UTC
Prior 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 NextPlat Corp (NXPL) on 03 Oct 2024.

Key facts

  • This page summarizes Cecile Munnik's Form 4 filing for NextPlat Corp (NXPL).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Oct 2024, 17:06.

Change

  • Previous filing in this sequence was filed on 09 Jun 2023.
  • 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
This filing has been restated. Open the amended filing.

Reported non-derivative transactions

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

NXPL transaction

Common Stock

Award

Transaction value
Shares
+7,433
Change %
+149%
Price
Shares after
12,433
Date
01 Oct 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

NXPL transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value
$0
Shares
+37,163
Change %
+68%
Price
$0.000000
Shares after
92,163
Date
01 Oct 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
37,163
Exercise price
$3.90
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On October 1, 2024, the Reporting Person received 7,433 shares of the Issuer's common stock in exchange for 5,000 shares of Progressive Care Inc. in connection with the merger of Progressive Care Inc. into the Issuer (the "Merger"). On the effective date of the Merger, the Issuer's Per Share Value was $1.48, which is the daily volume weighted average price of the Issuer's common stock for the 20-trading day period ended on the trading day immediately preceding the date of the Merger Agreement on Nasdaq.

Footnote F2

In connection with the Merger, the Report Person received stock options to acquire 37,163 shares of the Issuer's common stock in exchange for stock options to acquire 25,000 shares of Progressive Care Inc. The options are fully vested.

Footnote F3

Represents 75,496 stock options that are fully vested.

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