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: Fernandez Charles M. (Director, Chairman & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-10-01	Common Stock	A	27145	—	Acquired	1576598	Direct
2024-10-01	Common Stock	A	687038	—	Acquired	2990252	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-10-01	Employee Stock Option (right to buy)	$1.48	A	233682	Acquired	2032-09-13	Common Stock (233682)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25000	Indirect

Footnotes

F1: On October 1, 2024, the Reporting Person received 27,145 shares of the Issuer's common stock in exchange for 18,261 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: In connection with the Merger, the Reporting Person indirectly received 687,038 shares of the Issuer's common stock in exchange for 462,185 shares of Progressive Care Inc. through eAperion Partners LLC. 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.

F3: Mr. Fernandez is the sole member and managing partner of eAperion Partners LLC and has voting and dispotive power over the reported shares.

F4: Lauren Sturges-Fernandez

F5: In connection with the Merger, the Report Person received stock options to acquire 233,682 shares of the Issuer's common stock in exchange for stock options to acquire 157,203 shares of Progressive Care Inc. The options are fully vested.