0001493152-20-017079.txt : 20200901
0001493152-20-017079.hdr.sgml : 20200901
20200901124320
ACCESSION NUMBER: 0001493152-20-017079
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: CARLISE THERESA
CENTRAL INDEX KEY: 0001086391
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25097
FILM NUMBER: 201153872
MAIL ADDRESS:
STREET 1: 507 FOREST AVE
STREET 2: C/O NATIONAL RECORD MART INC
CITY: CARNEGIE
STATE: PA
ZIP: 15106
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
0001086391
CARLISE THERESA
18851 N.E. 29TH AVE., SUITE 700
AVENTURA
FL
33180
0
1
0
0
Chief Financial Officer
Common Stock, par value $0.0001
2020-08-21
4
M
0
56800
0.20
A
56800
D
Common Stock, par value $0.0001
2020-08-21
4
A
0
5000
0.20
A
61800
D
Non-Qualified Stock Option (right to buy)
0.20
2020-08-21
4
A
0
71000
A
2030-08-20
Common Stock
71000
84556
D
Non-Qualified Stock Option (right to buy)
0.20
2020-08-21
4
M
0
71000
D
2030-08-20
Common Stock
71000
13556
D
Represents the Reporting Person's exercise of 71,000 non-qualified options as reported in Table II of this Form. Following such exercise in full, the Reporting Person received 56,800 shares of common stock of the Company, with 14,200 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/ Theresa Carlise
2020-09-01