0001493152-20-017078.txt : 20200901
0001493152-20-017078.hdr.sgml : 20200901
20200901124115
ACCESSION NUMBER: 0001493152-20-017078
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200821
FILED AS OF DATE: 20200901
DATE AS OF CHANGE: 20200901
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Delgado Hector
CENTRAL INDEX KEY: 0001635681
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25097
FILM NUMBER: 201153865
MAIL ADDRESS:
STREET 1: 230 RIDGE ROAD
CITY: JUPITER
STATE: FL
ZIP: 33477
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ORBSAT CORP
CENTRAL INDEX KEY: 0001058307
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
IRS NUMBER: 650783722
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 18851 NE 29THAVENUE
STREET 2: SUITE 700
CITY: AVENTURA
STATE: FL
ZIP: 33180
BUSINESS PHONE: 1-305-560-5355
MAIL ADDRESS:
STREET 1: 18851 NE 29THAVENUE
STREET 2: SUITE 700
CITY: AVENTURA
STATE: FL
ZIP: 33180
FORMER COMPANY:
FORMER CONFORMED NAME: Orbital Tracking Corp.
DATE OF NAME CHANGE: 20150128
FORMER COMPANY:
FORMER CONFORMED NAME: Great West Resources, Inc.
DATE OF NAME CHANGE: 20140514
FORMER COMPANY:
FORMER CONFORMED NAME: SILVER HORN MINING LTD.
DATE OF NAME CHANGE: 20110429
4
1
ownership.xml
X0306
4
2020-08-21
0
0001058307
ORBSAT CORP
OTC: OSAT
0001635681
Delgado Hector
18851 N.E. 29TH AVE., SUITE 700
AVENTURA
FL
33180
1
0
0
0
Common Stock, par value $0.0001
2020-08-21
4
M
0
16800
0.20
A
16800
D
Common Stock, par value $0.0001
2020-08-21
4
A
0
5000
0.20
A
21800
D
Non-Qualified Stock Option (right to buy)
0.20
2020-08-21
4
A
0
21000
A
2030-08-20
Common Stock
21000
26644
D
Non-Qualified Stock Option (right to buy)
0.20
2020-08-21
4
M
0
21000
D
2030-08-20
Common Stock
21000
5644
D
Represents the Reporting Person's exercise of 21,000 non-qualified options as reported in Table II of this Form. Following such exercise in full, the Reporting Person received 16,800 shares of common stock of the Company, with 4,200 shares of common stock withheld by the Company to cover the payment of the exercise price.
Represents a restricted stock award approved by the Board of Directors on August 21, 2020 granted pursuant to the 2020 Equity Incentive Plan (the "Plan"), subject to shareholder approval of the Plan.
The grant of these non-qualified options was approved by the Registrant's Board of Directors on August 21, 2020 and granted pursuant to the 2020 Equity Incentive Plan (the "Plan"), subject to shareholder approval of the Plan. The options vested immediately and were exercised in full upon grant, as reporting Table I of this Form.
/s/ Hector Delgado
2020-09-01