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NextPlat Corp Director's Dealing 2021

Dec 20, 2021

34945_dirs_2021-12-20_23006966-be06-4678-9ff0-cc00977b0230.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORBSAT CORP (OSAT)
CIK: 0001058307
Period of Report: 2021-12-16

Reporting Person: CARLISE THERESA (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-12-16 Common Stock, par value $0.0001 A 15000 $0.00 Acquired 27437 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-12-16 Non-Qualified Stock Option (right to buy) $3.81 A 15000 Acquired 2031-12-16 Common Stock (15000) Direct

Footnotes

F1: Represents a restricted stock award effective 12/16/2021, the date Company's stockholders approved the Company's 2021 Incentive Award Plan. The award was granted pursuant to the Company's 2021 Incentive Award Plan.

F2: The grant of these options was effective 12/16/2021 (the "Grant Date"), the date Company's stockholders approved the Company's 2021 Incentive Award Plan. The award was granted pursuant to the Company's 2021 Incentive Award Plan. One half of the award will be fully vested on Grant Date and the remaining half will vest on the one year anniversary of the Grant Date.