Robert Matthew Beaty - May 12, 2021 Form 4 Insider Report for KonaTel, Inc. (KTEL)

Role
Director
Signature
/s/ Robert Matthew Beaty
Stock symbol
KTEL
Transactions as of
May 12, 2021
Transactions value $
$16,500
Form type
4
Date filed
5/19/2021, 10:54 AM
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KTEL Common Stock 50K May 12, 2021 Direct

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 KTEL Option Award $16.5K +25K +8.33% $0.66 325K May 12, 2021 Common Stock 25K $0.66 Direct
holding KTEL Option 125K May 12, 2021 Common Stock 25K $0.18 Direct F1
holding KTEL Option 150K May 12, 2021 Common Stock 25K $0.17 Direct
holding KTEL Option 175K May 12, 2021 Common Stock 25K $0.17 Direct
holding KTEL Option 200K May 12, 2021 Common Stock 25K $0.17 Direct
holding KTEL Option 225K May 12, 2021 Common Stock 25K $0.26 Direct
holding KTEL Option 250K May 12, 2021 Common Stock 25K $0.13 Direct
holding KTEL Option 275K May 12, 2021 Common Stock 25K $0.06 Direct
holding KTEL Option 300K May 12, 2021 Common Stock 25K $0.44 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Beaty previously reported his ownership of 100,000 options convertible into Common Stock on his Form 4 filed October 21, 2020. They expire at the earlier of five years from the grant date or one year from his termination or resignation as a member of the Board of Directors, and are convertible at $0.33 per share.