Donald P. Monaco - Jun 30, 2021 Form 4 Insider Report for NextPlay Technologies Inc. (NXTP)

Role: Director
Signature: /s/ Donald P. Monaco
Stock symbol: NXTP
Transactions as of: Jun 30, 2021
Transactions value $: $342,722,430,625
Form type: 4
Date filed: 8/17/2021, 07:47 PM
Next filing: Jan 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NXTP	Common Stock						238K	Jun 30, 2021	Direct
holding	NXTP	Common Stock						934K	Jun 30, 2021	Through the Donald P. Monaco Insurance Trust	F3, F4
holding	NXTP	Common Stock						822K	Jun 30, 2021	Through Monaco Investment Partners II, LP	F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NXTP	Convertible Promissory Note	Award	$343B	+585K		$585,425.00^*	585K	Jun 30, 2021	Common Stock	194K	$3.02	Through Monaco Investment Partners II, LP	F1, F2, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Acquired on April 8, 2021, in exchange for accrued Series A Preferred Stock dividends in the same amount. Convertible upon the closing of the Registrant's share exchange agreement with HotPlay Enterprise Limited and its stockholders (the "Exchange"), which closed on June 30, 2021. Accrues interest at the rate of 12% per annum, compounded monthly at the end of each calendar month. Convertible, at the option of the holder thereof at any time beginning 7 days after the closing of the Exchange, at $3.02 per share. Exempt from Section 16(b) pursuant to Rule 16b-3.
F2	Convertible Note matures on April 7, 2022.
F3	The securities are beneficially owned by Donald P. Monaco Insurance Trust ("Trust"). Donald P. Monaco, is the trustee of the Trust. As such, Mr. Monaco is deemed to beneficially own the securities held by the Trust.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 purposes of Section 16 of the Exchange Act or for any other purpose.
F4	Mr. Monaco disclaims beneficial ownership of all shares held by the Trust and Monaco Investment Partners II, LP ("MI Partners") 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 purposes of Section 16 of the Exchange Act or for any other purpose.
F5	Securities are beneficially owned by MI Partners. Mr. Monaco is the managing general partner of MI Partners. As such, Mr. Monaco is deemed to beneficially own the securities held by the MI Partners.