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NextPlat Corp — Director's Dealing 2022
Dec 5, 2022
34945_dirs_2022-12-05_e29c0f62-ac4f-41c3-9884-63ea2509270e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NextPlat Corp (NXPL)
CIK: 0001058307
Period of Report: 2022-11-14
Reporting Person: Munnik Cecile (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-14 | Stock Options | $1.71 | A | 50000 | Acquired | 2027-11-14 | Common Stock (50000) | Direct |
Footnotes
F1: On December 5, 2022, Ms. Munnik entered into a Stock Option Agreement with the Issuer with an effective date of November 14, 2022 pursuant to which Ms. Munnik was granted an option to purchase 50,000 shares of Issuer's common stock, of which options to purchase 25,000 shares of common stock vest immediately on the Grant Date, with options to purchase an additional 10,000 shares of common stock vesting on the one-year anniversary of the Grant Date, and options to purchase the remaining 15,000 shares of common stock vesting on the second-year anniversary of the Grant Date.
F2: The options were granted as an inducement for Ms. Munnik to enter into her employment agreement with the Issuer.