Robert Matthew Beaty - Feb 9, 2023 Form 4 Insider Report for KonaTel, Inc. (KTEL)

Role
Director
Signature
/s/ Robert Matthew Beaty
Stock symbol
KTEL
Transactions as of
Feb 9, 2023
Transactions value $
-$33,001
Form type
4
Date filed
2/10/2023, 12:42 PM
Previous filing
Nov 15, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTEL Common Stock Other -$33K -44.7K -89.37% $0.74 5.31K Feb 9, 2023 Direct F1
transaction KTEL Common Stock Options Exercise $33K +100K +1881.82% $0.33 105K Feb 9, 2023 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 Options Exercise -$8.25K -25K -5.26% $0.33 450K Feb 9, 2023 Common Stock 25K $0.33 Direct F3
transaction KTEL Option Options Exercise -$8.25K -25K -5.56% $0.33 425K Feb 9, 2023 Common Stock 25K $0.33 Direct F3
transaction KTEL Option Options Exercise -$8.25K -25K -5.88% $0.33 400K Feb 9, 2023 Common Stock 25K $0.33 Direct F3
transaction KTEL Option Options Exercise -$8.25K -25K -6.25% $0.33 375K Feb 9, 2023 Common Stock 25K $0.33 Direct F3
holding KTEL Option 125K Feb 9, 2023 Common Stock 25K $0.18 Direct F2, F3
holding KTEL Option 150K Feb 9, 2023 Common Stock 25K $0.17 Direct F3
holding KTEL Option 175K Feb 9, 2023 Common Stock 25K $0.17 Direct F3
holding KTEL Option 200K Feb 9, 2023 Common Stock 25K $0.17 Direct F3
holding KTEL Option 225K Feb 9, 2023 Common Stock 25K $0.26 Direct F3
holding KTEL Option 250K Feb 9, 2023 Common Stock 25K $0.13 Direct F3
holding KTEL Option 275K Feb 9, 2023 Common Stock 25K $0.06 Direct F3
holding KTEL Option 300K Feb 9, 2023 Common Stock 25K $0.44 Direct F3
holding KTEL Option 325K Feb 9, 2023 Common Stock 25K $0.66 Direct F3
holding KTEL Option 350K Feb 9, 2023 Common Stock 25K $0.94 Direct F3
holding KTEL Option 375K Feb 9, 2023 Common Stock 25K $1.93 Direct F3
holding KTEL Option 400K Feb 9, 2023 Common Stock 25K $1.14 Direct F3
holding KTEL Option 425K Feb 9, 2023 Common Stock 25K $1.01 Direct F3
holding KTEL Option 450K Feb 9, 2023 Common Stock 25K $1.91 Direct F3
holding KTEL Option 475K Feb 9, 2023 Common Stock 25K $1.32 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conveyed to the Company 44,686 shares of the Company's common stock acquired by the reporting person in a private transaction on October 19, 2020, in an exempt transaction pursuant to Section 16b-3(e), in full payment of the exercise price of 100,000 ISO's granted to the reporting person on February 12, 2018.
F2 100,000 of these options were granted to Mr. Beaty on February 12, 2018, and were disclosed on his Form 3 filed February 26, 2018.
F3 Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan.