NextPlat Corp — Director's Dealing 2022

Jan 6, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORBSAT CORP (OSAT)
CIK: 0001058307
Period of Report: 2022-01-05

Reporting Person: Cusimano Louis (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-05	Common Stock, par value $0.0001	P	15433	$3.24	Acquired	35433	Direct

Footnotes

F1: Represents 15,433 shares of the Issuer's common stock acquired by the Reporting Person from the Issuer in a private placement transaction that closed on January 5, 2022, pursuant to a Securities Purchase Agreement dated December 31, 2021. The purchase price for the acquired shares was $3.24 per share, which is the closing transaction price of the Issuer's common stock reported by Nasdaq on December 31, 2021.

F2: Includes a restricted stock award that was effective 12/16/21 (the "Grant Date"). One half of the award (10,000 shares) was fully vested and issued on Grant Date and the remaining half (10,000 shares) will vest and be issued on the one year anniversary of the Grant Date. The award was granted pursuant to the Orbsat Corp 2021 Incentive Award Plan.