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

Role
Director
Signature
/s/ Jeffrey Pearl
Stock symbol
KTEL
Transactions as of
Jul 28, 2022
Transactions value $
$43,500
Form type
4
Date filed
7/29/2022, 11:33 AM
Previous filing
Apr 29, 2022
Next filing
Oct 31, 2022

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 $43.5K +25K +7.14% $1.74 375K Jul 28, 2022 Common Stock 25K $1.74 Direct
holding KTEL Option 125K Jul 28, 2022 Common Stock 25K $0.17 Direct F1
holding KTEL Option 150K Jul 28, 2022 Common Stock 25K $0.12 Direct
holding KTEL Option 175K Jul 28, 2022 Common Stock 25K $0.17 Direct
holding KTEL Option 200K Jul 28, 2022 Common Stock 25K $0.10 Direct
holding KTEL Option 225K Jul 28, 2022 Common Stock 25K $0.49 Direct
holding KTEL Option 250K Jul 28, 2022 Common Stock 25K $0.60 Direct
holding KTEL Option 275K Jul 28, 2022 Common Stock 25K $0.81 Direct
holding KTEL Option 300K Jul 28, 2022 Common Stock 25K $1.60 Direct
holding KTEL Option 325K Jul 28, 2022 Common Stock 25K $1.34 Direct
holding KTEL Option 350K Jul 28, 2022 Common Stock 25K $1.10 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.