Home > Insider Trading > Filing (0001493152-22-000581)

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
1872864	Louis Cusimano	C/O Orbsat Corp 18851 N.e. 29Th Ave., Suite 700 Aventura FL 33180		Yes	No	No	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	15,433	$3.24	35,433	No	4	P	Direct

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

Footnotes

Represents 15,433 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 that was effective 12/16/21 (the "Grant Date"). One half of the award (10,000 shares) was fully vested and issued on Grant Date and the remaining half (10,000 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.