SEC Info - Fernandez Charles M. - ‘3’ for 9/8/22 re: Progressive Care Inc.

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Fernandez Charles M.

(Last)

(First)

(Middle)

C/O NEXTPLAT CORP

3250 MARY ST., SUITE 410

(Street)

COCONUT GROVE

33133

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
9/8/22

3. Issuer Name and Ticker or Trading Symbol
Progressive Care Inc. [ OTCQB:RXMD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.0001 per share	3,652,174	D
Common Stock, par value $0.0001 per share	9,130,435	I	By NextPlat Corp ⁽¹⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Convertible Note	9/8/22	8/31/27	Common Stock, par value $0.0001 per share	24,268,571	0.02	D
Convertible Note	9/8/22	8/31/27	Common Stock, par value $0.0001 per share	60,671,427	0.02	I	By NextPlat Corp ⁽¹⁾
Series B Convertible Preferred Stock	9/8/22	8/31/27	Common Stock, par value $0.0001 per share	300,000,000	0.02	I	By NextPlat Corp ⁽¹⁾
Series B Warrants	9/8/22	8/31/27	Common Stock, par value $0.0001 per share ⁽²⁾	300,000,000	0.02	I	By NextPlat Corp ⁽¹⁾

Explanation of Responses:

(1) This security is owned by NextPlat Corp. As the Chairman and Chief Executive Officer of NextPlat Corp, Mr. Fernandez has voting or investment control over this security. For the avoidance of doubt, Mr. Fernandez expressly disclaims ownership of the Issuer.

(2) The Series B Warrant first converts to 3,000 shares of Series B Preferred Stock which in turn converts to 300,000,000 shares of Issuer's Common Stock.

	/s/ Charles M. Fernandez	9/19/22
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Fernandez Charles M. – ‘3’ for 9/8/22 re: Progressive Care Inc.

On: Monday, 9/19/22, at 3:57pm ET · For: 9/8/22 · As: Director · Accession #: 1493152-22-26227 · File #: 0-52684

Previous ‘3’: ‘3/A’ on 7/14/21 for 5/28/21 · Latest ‘3’: This Filing

Initial Statement of Beneficial Ownership of Securities by an Insider — Form 3 — SEA’34

Filing Table of Contents

This ‘3’ Document is an XML Data File that may be rendered in various formats:

Fernandez Charles M. – ‘3’ for 9/8/22 re: Progressive Care Inc.

On: Monday, 9/19/22, at 3:57pm ET · For: 9/8/22 · As: Director · Accession #: 1493152-22-26227 · File #: 0-52684

Previous ‘3’: ‘3/A’ on 7/14/21 for 5/28/21 · Latest ‘3’: This Filing

Initial Statement of Beneficial Ownership of Securities by an Insider — Form 3 — SEA’34Filing Table of Contents

This ‘3’ Document is an XML Data File that may be rendered in various formats:

Initial Statement of Beneficial Ownership of Securities by an Insider — Form 3 — SEA’34

Filing Table of Contents