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NextPlat Corp Director's Dealing 2015

Aug 3, 2015

34945_dirs_2015-08-03_47f8a878-c139-4c8a-94da-7b1f5a10c74e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Orbital Tracking Corp. (TRKK)
CIK: 0001058307
Period of Report: 2015-07-15

Reporting Person: Phipps David (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-07-15 Common Stock S 200000 $.80 Disposed 200000 Direct
2015-07-15 Common Stock C 200000 Acquired 400000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-07-15 Series E Convertible Preferred Stock $ S 180000 Disposed Common Stock (1800000) Direct
2015-07-15 Series E Convertible Preferred Stock $ S 50000 Disposed Common Stock (500000) Direct
2015-07-15 Series E Convertible Preferred Stock $ C 20000 Disposed Common Stock (200000) Direct

Footnotes

F1: The Reporting Person acquired 200,000 shares of common stock of the Issuer in connection with a conversion of 20,000 shares of Series E Preferred Stock.

F2: Each share of Series E Preferred Stock is convertible into ten (1) shares of common stock and has no conversion price, exercisable date, or expiration date.

F3: The market price for the underlying shares of common stock, on a per share basis, was $0.80.