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

Role
Director
Signature
/s/ Robert Matthew Beaty
Issuer symbol
KTEL
Transactions as of
12 May 2021
Net transactions value
+$16,500
Form type
4
Filing time
19 May 2021, 10:54:20 UTC
Next filing
17 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KTEL Common Stock 50,000 12 May 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 $16,500 +25,000 +8.3% $0.6600 325,000 12 May 2021 Common Stock 25,000 $0.6600 Direct
holding KTEL Option 125,000 12 May 2021 Common Stock 25,000 $0.1771 Direct F1
holding KTEL Option 150,000 12 May 2021 Common Stock 25,000 $0.1672 Direct
holding KTEL Option 175,000 12 May 2021 Common Stock 25,000 $0.1672 Direct
holding KTEL Option 200,000 12 May 2021 Common Stock 25,000 $0.1650 Direct
holding KTEL Option 225,000 12 May 2021 Common Stock 25,000 $0.2618 Direct
holding KTEL Option 250,000 12 May 2021 Common Stock 25,000 $0.1309 Direct
holding KTEL Option 275,000 12 May 2021 Common Stock 25,000 $0.0627 Direct
holding KTEL Option 300,000 12 May 2021 Common Stock 25,000 $0.4400 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.