NextPlat Corp — Director's Dealing 2024

Oct 4, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NextPlat Corp (NXPL)
CIK: 0001058307
Period of Report: 2024-10-01

Reporting Person: Barreto Rodney (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-10-01	Common Stock	A	44038	—	Acquired	424409	Direct
2024-10-01	Common Stock	A	594484	—	Acquired	1815198	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-10-01	Stock Option (right to buy)	$1.48	A	186946	Acquired	2032-09-13	Common Stock (186946)	Direct

Footnotes

F1: On October 1, 2024, the Reporting Person received 638,522 shares of the Issuer's common stock in exchange for 429,547 shares of Progressive Care Inc. in connection with the merger of Progressive Care Inc. into the Issuer (the "Merger"). On the effective date of the Merger, the Issuer's Per Share Value was $1.48, which is the daily volume weighted average price of the Issuer's common stock for the 20-trading day period ended on the trading day immediately preceding the date of the Merger Agreement on Nasdaq.

F2: Mr. Barreto is the president of RLB Market Investments, LLC and has voting and dispotive power over the reported securities.

F3: In connection with the Merger, the Reporting Person received stock options to acquire 186,946 shares of the Issuer's common stock in exchange for stock options to acquire 125,762 shares of Progressive Care Inc. The stock options are fully vested.