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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1058307	Orbsat Corp	OSAT	Telephone Communications (No Radiotelephone) (4813)	650783722

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1509529	M. Charles Fernandez	C/O Orbsat Corp 18851 N.e. 29Th Ave., Suite 700 Aventura FL 33180	Chairman & Ceo	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.0001	Acquisiton	2022-01-05	679,013	$3.24	1,686,953	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.0001	0	Indirect	Shares held by eApeiron Partners, LLC. Mr. Fernandez is owner and manager of eApeiron Partners, LLC.

Footnotes

Represents 679,013 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.
Includes a restricted stock award for 275,000 shares of common stock that was effective 12/16/21 (the "Grant Date"). One half of the award (137,500 shares) was fully vested and issued on Grant Date and the remaining half (137,500 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.
On May 28, 2021, a restricted stock award for 600,000 shares of common stock was granted to eApeiron Partners LLC, of which Mr. Fernandez is owner and manager. The shares vest in three equal installments annually, commencing on May 27, 2022.