David Phipps - 14 Dec 2022 Form 4 Insider Report for NextPlat Corp (NXPL)

Signature
/s/ David Phipps
Issuer symbol
NXPL
Transactions as of
14 Dec 2022
Transactions value $
$1,421,437,500
Form type
4
Filing time
20 Dec 2022, 11:47:37 UTC
Previous filing
06 Jan 2022
Next filing
03 Oct 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXPL Common Stock Purchase $1.42B +28.5K +7.25% $49,875.00* 422K 14 Dec 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NXPL Common Stock Warrants Purchase +28.5K 28.5K 14 Dec 2022 Common Stock 28.5K $1.75 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 14, 2022, David Phipps purchased 28,500 units from the Issuer in a private placement for $1.75 per unit. Each unit consists of one share of common stock and one warrant to purchase one share of common stock of the Issuer. The warrants underlying units are immediately exercisable.