Jeffrey Pearl - 28 Jan 2022 Form 4 Insider Report for KonaTel, Inc. (KTEL)

Role
Director
Signature
/s/ Jeffrey Pearl
Issuer symbol
KTEL
Transactions as of
28 Jan 2022
Net transactions value
+$33,550
Form type
4
Filing time
31 Jan 2022, 13:36:09 UTC
Previous filing
09 Nov 2021
Next filing
29 Apr 2022
SEC
View on sec.gov

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 $33,550 +25,000 +8.3% $1.34 325,000 28 Jan 2022 Common Stock 25,000 $1.34 Direct
holding KTEL Option 125,000 28 Jan 2022 Common Stock 25,000 $0.1650 Direct F1
holding KTEL Option 150,000 28 Jan 2022 Common Stock 25,000 $0.1232 Direct
holding KTEL Option 175,000 28 Jan 2022 Common Stock 25,000 $0.1672 Direct
holding KTEL Option 200,000 28 Jan 2022 Common Stock 25,000 $0.1001 Direct
holding KTEL Option 225,000 28 Jan 2022 Common Stock 25,000 $0.4895 Direct
holding KTEL Option 250,000 28 Jan 2022 Common Stock 25,000 $0.5970 Direct
holding KTEL Option 275,000 28 Jan 2022 Common Stock 25,000 $0.8130 Direct
holding KTEL Option 300,000 28 Jan 2022 Common Stock 25,000 $1.60 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Pearl previously reported his ownership of 100,000 options convertible into Common Stock on his Form 3 filed January 22, 2019. They expire at the earlier of October 22, 2023 or one year from his termination or resignation as a member of the Board of Directors, and are convertible at $0.495 per share.