BARRETO RODNEY purchased 142.8% of their position (455K shares) of PROGRESSIVE CARE INC. on the open market

Open‑market purchase worth $1.00M — a major conviction buy. The strongest form of insider conviction signal.

P · 1 purchase

BARRETO RODNEY

Filed: 6/30/2023ACC: 0001493152-23-023194

InsiderBARRETO RODNEYCIK 1901402

→

IssuerPROGRESSIVE CARE INC.CIK 1402945

Director

Since Sep 2022

+2.54M

Net shares

Net buyer

$2.76M

Total acquired

Open market trades

1B · 0S

Total transactions

2.54M acquired

Non-Derivative Transactions3

Common Stock

Indirect

C · Conversion

+228.24K

Price / share

$2.20

Trade value

$502.13K

% of position

252.8%

5/9/2023

90.28K→318.52K

Common Stock

Indirect

P · Purchase

+455K

Price / share

$2.20

Trade value

$1M

% of position

142.8%

5/9/2023

318.52K→773.52K

Common Stock

Indirect

C · Conversion

+570.60K

Price / share

$2.20

Trade value

$1.26M

% of position

73.8%

5/9/2023

773.52K→1.34M

Total

Net shares

+1.25M

Net value

$2.76M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Indirect	5/9/2023	C · Conversion	+228.24K	$2.20	$502.13K	252.8%	90.28K	318.52K
Common Stock Indirect	5/9/2023	P · Purchase	+455K	$2.20	$1M	142.8%	318.52K	773.52K
Common Stock Indirect	5/9/2023	C · Conversion	+570.60K	$2.20	$1.26M	73.8%	773.52K	1.34M
Total			+1.25M		$2.76M

Derivative Transactions8

Convertible Note

Indirect

C · Conversion

Converts to

Common Stock

−N/A

Strike price

0.03

Held after

0.00

Exercisable

—

11/16/2022

Convertible Note

Indirect

C · Conversion

Converts to

Common Stock

+N/A

Strike price

2.20

Held after

0.00

Exercisable

—

11/16/2022

Convertible Note

Indirect

C · Conversion

Converts to

Common Stock

228.24K shares

−N/A

Strike price

2.20

Held after

0.00

Exercisable

—

5/9/2023

Common Stock Warrants

Indirect

P · Purchase

Converts to

Common Stock

228.24K shares

+228.24K

Strike price

2.20

Held after

228.24K

Exercisable

—

5/9/2023

Common Stock Warrants

Direct

P · Purchase

Converts to

Common Stock

30K shares

+30K

Strike price

2.20

Held after

30K

Exercisable

—

5/9/2023

Common Stock Warrant

Indirect

P · Purchase

Converts to

Common Stock

455K shares

+455K

Strike price

2.20

Held after

455K

Exercisable

—

5/9/2023

Convertible Note

Indirect

C · Conversion

Converts to

Common Stock

570.60K shares

−N/A

Strike price

2.20

Held after

0.00

Exercisable

—

5/9/2023

Common Stock Warrants

Indirect

P · Purchase

Converts to

Common Stock

570.60K shares

+570.60K

Strike price

2.20

Held after

798.84K

Exercisable

—

5/9/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Convertible Note Indirect	Common Stock	11/16/2022	C · Conversion	−N/A	0.03	—	0.00
Convertible Note Indirect	Common Stock	11/16/2022	C · Conversion	+N/A	2.20	—	0.00
Convertible Note Indirect	Common Stock228.24K shares	5/9/2023	C · Conversion	−N/A	2.20	—	0.00
Common Stock Warrants Indirect	Common Stock228.24K shares	5/9/2023	P · Purchase	+228.24K	2.20	—	228.24K
Common Stock Warrants Direct	Common Stock30K shares	5/9/2023	P · Purchase	+30K	2.20	—	30K
Common Stock Warrant Indirect	Common Stock455K shares	5/9/2023	P · Purchase	+455K	2.20	—	455K
Convertible Note Indirect	Common Stock570.60K shares	5/9/2023	C · Conversion	−N/A	2.20	—	0.00
Common Stock Warrants Indirect	Common Stock570.60K shares	5/9/2023	P · Purchase	+570.60K	2.20	—	798.84K