Charles M. Fernandez - 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
04 Oct 2024, 10:27:20 UTC
Prior SEC filing
23 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Charles M. Fernandez

Key filing fact

Charles M. Fernandez filed Form 4 for NextPlat Corp (NXPL) on 04 Oct 2024.

Key facts

  • This page summarizes Charles M. Fernandez's Form 4 filing for NextPlat Corp (NXPL).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 04 Oct 2024, 10:27.

Change

  • Previous filing in this sequence was filed on 23 Apr 2024.
  • 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.

NXPL transaction

Common Stock

Award

Transaction value
Shares
+27,145
Change %
+1.8%
Price
Shares after
1,576,598
Date
01 Oct 2024
Ownership
Direct
Footnotes
F1
NXPL transaction

Common Stock

Award

Transaction value
Shares
+687,038
Change %
+30%
Price
Shares after
2,990,252
Date
01 Oct 2024
Ownership
eAperion Partners LLC
Footnotes
F2, F3
NXPL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
25,000
Date
01 Oct 2024
Ownership
Spouse
Footnotes
F4

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
+233,682
Change %
Price
$0.000000
Shares after
233,682
Date
01 Oct 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
233,682
Exercise price
$1.48
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

On October 1, 2024, the Reporting Person received 27,145 shares of the Issuer's common stock in exchange for 18,261 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 Reporting Person indirectly received 687,038 shares of the Issuer's common stock in exchange for 462,185 shares of Progressive Care Inc. through eAperion Partners LLC. 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 F3

Mr. Fernandez is the sole member and managing partner of eAperion Partners LLC and has voting and dispotive power over the reported shares.

Footnote F4

Lauren Sturges-Fernandez

Footnote F5

In connection with the Merger, the Report Person received stock options to acquire 233,682 shares of the Issuer's common stock in exchange for stock options to acquire 157,203 shares of Progressive Care Inc. The options are fully vested.

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