SEC Form 4 · accession 0001493152-18-017839
NextPlat Corp · NXPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Phipps
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Dec 18, 2018
Accepted (ET)
Dec 21, 2018 · 3:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001058307
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to purchase Common StockF1 | $1.60 | Jun 14, 2018 | A | 100,000 | A | — | Jul 1, 2021 | Common Stock | 100,000 | 289,443 | D |
| Options to purchase Common StockF2 | $1.60 | Dec 18, 2018 | J | 75,000 | D | — | Jul 1, 2021 | Common stock | 75,000 | 214,443 | D |
| Options to purchase Common StockF3 | $0.17 | Dec 18, 2018 | A | 325,000 | A | — | Dec 17, 2023 | Common Stock | 325,000 | 539,443 | D |
Explanation of responses
- F1The subject options vest in equal quarterly installments starting July 1, 2018 over the next two years.
- F2The subject options were cancelled.
- F3The subject options are fully vested as of grant date.