NextPlat Corp — Director's Dealing 2024

Apr 23, 2024

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: NextPlat Corp (NXPL)
CIK: 0001058307
Period of Report: 2023-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-28	Common Stock	A	39000	—	Acquired	3677667	Direct
2023-04-03	Common Stock	A	325000	—	Acquired	3677667	Direct
2023-04-07	Common Stock	A	25000	—	Acquired	3677667	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-07	Stock Option	$0	A	25000	Acquired	2028-04-25	Common Stock, par value $0.0001 per share (25000)	Indirect
2023-04-14	Stock Option	$0	A	200000	Acquired	2028-04-25	Common Stock, par value $0.0001 per share (200000)	Indirect

Footnotes

F1: On April 7, 2023, the reporting person's wife, and employee of the Issuer, entered into a Restricted Stock Award Agreement with the Issuer, pursuant to which she was granted 25,000 shares of the Issuer's common stock. The restricted stock vested immediately upon issuance.

F2: Includes 3,652,667 shares of common stock held indirectly by eAperion Partners, LLC, of which Mr. Fernandez is the owner and manager.

F3: The reporting person's wife, an employee of the Issuer, was granted options to purchase up to 25,000 shares of the Issuer's common stock pursuant to a Stock Option Agreement dated April 7, 2023, of which one third of the shares of common stock vested immediately on the Grant Date, with options to purchase an additional third of the shares of common stock vesting on the one-year anniversary of the Grant Date, and options to purchase the remaining third of the shares of common stock vesting on the second-year anniversary of the Grant Date.

F4: On April 14, 2023, the reporting person was granted options to purchase up to 200,000 shares of the Issuer's common stock pursuant to a Stock Option Agreement dated April 14, 2023, of which the shares of common stock vested immediately on the Grant Date.