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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.
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