4//SEC Filing
Kaplan Andrew Jay 4
Accession 0001641172-25-027232
CIK 0000788611other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 5:15 PM ET
Size
7.1 KB
Accession
0001641172-25-027232
Insider Transaction Report
Form 4
NextTrip, Inc.NTRP
Kaplan Andrew Jay
Director
Transactions
- Other
Series Q Nonvoting Convertible Preferred Stock
2025-09-12$3.20/sh+31,250$100,000→ 31,250 total(indirect: By Trust)→ Common Stock (31,250 underlying)
Footnotes (5)
- [F1]The shares (the "Shares") of Series Q Nonvoting Convertible Preferred Stock ("Series Q Preferred") shall not be convertible into shares of Common Stock unless and until stockholder approval of the conversion of the Series Q Preferred into Common Stock ("Stockholder Approval") is obtained. Following receipt of Stockholder Approval, each share of Series Q Preferred will automatically convert into one share of Common Stock, subject to certain limitations.
- [F2]The Shares were acquired from the Issuer in a private transaction pursuant to a Securities Purchase Agreement at a purchase price of $3.20 per Share.
- [F3]The Shares do not expire.
- [F4]The Shares are held by the Kaplan Wright Family Trust (the "Trust"). Mr. Kaplan is the trustee of the trust. As such, Mr. Kaplan is deemed to beneficially own the securities held by the Trust.
- [F5]Mr. Kaplan disclaims beneficial ownership of all securities held by the Trust in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess shares for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Documents
Issuer
NextTrip, Inc.
CIK 0000788611
Entity typeother
Related Parties
1- filerCIK 0002078356
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 5:15 PM ET
- Size
- 7.1 KB